Taxes Tips & Advice

When tax season is over many people breathe a sigh of relief. Next year’s tax season seems far away. It's tempting to throw out all your documents and never think about them again. What could they be needed for? As it turns out you shouldn’t simply d

Unless you're an accountant, tax season probably fills you with dread. If you'll be filing your own tax return this year, here are four mistakes to avoid that could wind up costing you money.

Your taxes are over for another year or so you thought: you carefully filled out the forms and submitted them on time. Suddenly, you realize you've made a mistake! Were your efforts for nothing? Here's what to do if you need to change your tax return

Understanding how a Tax-Free Savings Account (TFSA) works can give you financial flexibility and another investment option at tax time. So what does this mean for you?

Saving on taxes takes a little planning ahead and knowledge of what you can safely deduct. With the following tips, you can save some money this tax season.

Filing tax returns can be overwhelming, even for the most experienced taxpayers. If you're a first-time taxpayer, here are six tax-filing tips to help make the process go smoother.

Investing in your Registered Retirement Savings Plan can be difficult, but these tax-efficient saving tips that will help you get more out of your contributions.

Late filing your tax return? What might happen when you do and what are the penalties? Here are some things you should know.

If you've found a way to earn money outside your province of residence, here's how to properly report it when filing your tax return to avoid the possibility of incurring any unexpected penalties.

There are plenty of things to consider when it comes to taxes. That's why when tax season rolls around you'll want to keep these 5 tips in mind to ensure you're doing it properly.

Got some money back on your tax return? While it might be tempting to spend, there are better ways to make a refund work for you. Here are 3 shrewd ways that could pay off big.

You've done your taxes. But what now? It’s time to wait for your notice of assessment (NOA) to see how much money you owe—or if you are owed money.

When it comes to filling out taxes, the tiniest mistake can be costly. Still, many people do it themselves. So is it a wise move or wasted money to have pros prepare your tax return?

Nobody loves doing taxes, but fortunately being able to file them online takes away some of the sting – and shows you which benefits you may be eligible to claim. Here's more about why it's a good idea.

There are several tax credits that can lighten the financial load of seniors. Do you know which deductions you can claim as a retiree to get the most from your tax returns?

Tax return season doesn't have to be a nightmare. Here are a couple of tips to help you make sure you make the most out of tax season.

Keeping track of receipts and other paperwork can be a headache, but it's worth the effort if you need to return something or contact the manufacturer. Here are some filing ideas.