Tax time can be tricky for many, but seniors have their own set of challenges – many tax credits may apply to them, but are often disregarded or not realized. Check out these top tax tips for seniors – they can potentially save thousands over time – and help you avoid a surprise tax bill after you file.
Paying taxes with a credit card has never been an option in Canada – until now. A third party credit card company located in Toronto is now offering the service, which is not endorsed by the CRA. Here’s what you need to know if you’re considering this form of payment.
Thinking of filing late taxes? It’s a mistake you’ll be paying for – especially if you’re a repeat offender. Read on on to see how late tax penalties are calculated, and how you can avoid them.