Information To Help You Track Your Income Taxes

This guide provides answers to your most pressing questions, with clear explanations of tax laws that show you how to get the most advantage from credits, deductions, retirement, education and tax-free savings plans, and more.

Individuals 

Are Common-Law Partners Treated as Spouses Under the Tax Laws?

Who can open a Registered Education Savings Plan?

I've just received a Notice of Reassessment from the CRA and I don't agree with it. How do I proceed now?

My husband and I both work and are sending our children to camp this summer. What tax breaks are available?

To keep our kids active this summer we want to enroll them in fitness programs. Aren't there tax breaks available for this?

2010 Tax Figures

A list of important tax information, inlcuding pension contribution limits, non-refundable tax credits, employment insurance rates, business and personal tax rates, CRA interest rates and more.

What are the important 2010 tax deadlines?

Businesses

Will I be subject to capital gains taxes if I sell shares in my small business?

Should my business be preparing for the effects of an IRS plan to require businesses to report details of uncertain tax positions?

My kids are working at my business this summer. What are the tax implications?

How can I be sure my contractors are independent and not employees?

How do I calculate the Capital Cost Allowance?

How does the temporary 100 per cent CCA on computer technology work?

What are the 2010 automobile expense deduction limits?

Not-For-Profit Organizations

When do we remit HST collected in May for a November event when the tax went into effect in July?

How does the CRA determine the tax treatment of donations to our charity?

What is the public benefits test?

What in-kind gifts are eligible for a tax receipt?

Are there tax breaks on housing allotments for junior athletes?

What are the rules for issuing tax receipts?


The information in this Tax Guide is for general guidance only, and does not constitute legal advice, tax advice, accounting services, investment advice, or professional consulting. The information should not and may not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making decisions or taking actions, consult a professional adviser who has been provided with all pertinent facts relevant in your particular situation. Tax articles in this Guide are not intended to be used, and cannot be used, for the purpose of avoiding accuracy-related penalties that may be imposed on a taxpayer.