Author: Liz O'Dowd

Benefit Payment Dates

Benefit payment dates for Canada child tax benefits The Canada child tax benefit is a tax-free monthly payment made to eligible families to help them with the cost of raising children under age 18. The CCTB may include the: National… {Read more}

Taxpayer service rights

As a taxpayer, you have eight service rights, outlined in the Taxpayer Bill of Rights, which govern your relationship with the CRA. The eight service rights include: the right to be treated professionally, courteously, and fairly (Article 5); the right… {Read more}

CRA online services for small business

Canada Revenue Agency continues to expand its online services for small business Small Business Week is an opportunity to celebrate and recognize the contribution small businesses make in communities across the country. The Canada Revenue Agency (CRA) understands that small… {Read more}

Video Tax News

Life in the Tax Lane – Nov 2015 Video Tax News Taxtips.ca is  pleased to be able to share these informative tax news videos from Video Tax News.  They are not too long, cover a wide range of topics, and… {Read more}

2016 Personal Tax Credit Tables

Federal, Provincial and Territorial Non-Refundable Personal Tax Credit Tables 2016 Personal Tax Credit Tables Do you know your personal tax credit tables?  A non-refundable tax credit can only be used to reduce federal or provincial/territorial taxes payable to zero.  They… {Read more}

Barter and BitCoin

Barter and BitCoin Transactions Can Result in Taxable Income and PST and GST/HST Payable Do you trade goods or services which you would normally sell in the course of your business?  Have you started using BitCoins (electronic currency) for transactions?… {Read more}