atodev

Targeted tax relief measures announced in 2026 Spring Economic Update The 2026 Spring Economic Update delivered by the Minister of Finance on April 28 included a number of targeted tax relief measures for Canadian individual taxpayers. Some of those measures are summarized below. Changes to Disability Tax Credit certification program Canadians who are affected by […]

When you make a mistake on your tax return When the filing of the required annual tax return goes entirely as planned and hoped, the taxpayer will have prepared a return that is complete and correct and filed that return by the required filing deadline. The Canada Revenue Agency (CRA) will issue a Notice of

Avoiding (or minimizing) the Old Age Security clawback For most taxpayers, the worst-case outcome when completing their tax return for the previous year is finding out that they owe an additional tax amount to the federal government. However, for Canadians who are receiving Old Age Security (OAS) benefits, there can be additional bad news. For