myTAX101 7th Anniversary – March 25
myTAX101 is seven (7) years old in 2017. This year, as a small token of our thanks and appreciation, a special 7th year anniversary token will be presented to all our dedicated customers who have
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‘Say I Sent You’ Referral Contest- February 15
We are very excited to launch the second year of this client referral competition. This year’s contest will include new features and exciting new prizes.
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Remember to make any required HBP Repayment
Did you participate in the Home Buyer’s Plan (HBP) and your withdrawals have not been fully repaid? Make sure that the HBP repayment is not included in your taxable income. The required repayment will appear
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Make a Contribution to your RRSP
Contributions to a Registered Retirement Savings Plan (RRSP) are tax deductible. Your RRSP contribution limit will appear on your Notice of Assessment from the prior year or you can go online using the ‘My Account’
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“Say I Sent You” Contest Winners 2016
We are happy to announce that winners of the “Say I Sent You” have been selected! Marcia – First level gift (Sony wireless headset) and Second level gift (Gift basket). Viviane – Second level
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Bought a home in the tax year?
If you bought a home in the tax year, the Canada Revenue Agency (CRA) has a Home Buyers Program (HBP) and a tax credit that may help you save money. To be eligible for the
Read MoreHas Your Marital Status Changed?
If you got married/entered common law status/were divorced or separated in the tax year, the change in status may impact your tax liability. It is important to inform the Canada Revenue Agency (CRA) as soon
Read MoreDid you retire before December 31?
Credits and benefits available to you include: Age Amount Pension Income Amount Pension Splitting The age amount tax credit is a non-refundable credit which is available to persons who are aged sixty five (65) years
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Do you have a child who is under 18 years of age?
If you have a child who is under 18 years of age, you may qualify to receive the Canada Child Tax Benefit (CCTB). This benefit is given to families to subsidize the cost of raising
Read MoreDid you know about the ‘Children’s Fitness Tax Credit’?
You can claim the fees for costs paid in 2015 up to a maximum of $1,000 per child. To determine if you are eligible, see the CRA’s requirements for more information: http://www.cra-arc.gc.ca/gncy/bdgt/chldrnsftnss2014-eng.html
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