Category Tax

what is a t4a

What is a T4A? – A Guide to the Canadian Tax Slip!

Tax season can be a confusing time for many Canadians. From deciphering what all those acronyms mean to understanding which tax slip you need, it can feel like navigating a complex maze of forms and numbers. One tax slip that…

how much is land transfer tax in ontario

How Much is Land Transfer Tax in Ontario?

Did you know that Ontario homebuyers pay a whopping $2.9 billion in land transfer taxes every year? This one-time tax, which must be paid when purchasing real estate in the province, can significantly impact the overall cost of a home.…

how much tax is deducted from a paycheck in alberta

How Much Tax Is Deducted From a Paycheck in Alberta?

Are you curious about how much tax is deducted from your paycheck in Alberta? It’s no wonder – understanding how taxes impact your earnings is essential for managing your finances effectively. Whether you’re a full-time employee or working part-time, having…

how long to get tax refund canada

How Long to Get Tax Refund in Canada in 2024?

Tax season can be a stressful yet rewarding time for individuals and businesses alike. While the process of filing taxes can often be complex, the anticipation of receiving a tax refund can make it all worthwhile. However, one question that…

how to cash out crypto without paying taxes canada

How to Cash Out Crypto Without Paying Taxes Canada?

Did you know that the Canadian cryptocurrency market is estimated to be worth over $5.5 billion? As the industry continues to grow, the Canada Revenue Agency (CRA) has been working diligently to ensure that taxpayers report their crypto-asset transactions accurately.…