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Trusts: what you need to know for 2023 tax filing
Did you know that the reporting requirements for trusts have changed? Affected trusts are required to file an annual T3 Trust income tax and information return (T3 return), including a Schedule 15 (Beneficial Ownership Information of a Trust), if applicable, with the...
New to Canada? There are benefits to filing an income tax and benefit return
In Canada, individuals and families can receive benefit and credit payments to help with the cost of living and raising a family. Depending on your income and family situation, you could receive these payments even if you just arrived in Canada. Once you've filed your...
Students: Are you ready for tax season?
Filing your tax return is nothing new. This year’s theme is life events: we know there are a lot of little moments that can add up to big changes in life. To help you report important life changes for tax season, the Canada Revenue Agency (CRA) has some useful tips...