TAX TIPS

CRA Scams - What You Need to Know

Scammers are continuing to contact Canadian taxpayers through various ways including the telephone and emails seeking personal information. This is done to commit identity theft or receive a financial benefit. Taxpayers need to be aware when receiving these calls or emails to verify if they are legitimately coming from the Canada Revenue Agency (CRA) or if they are coming from a scammer looking to commit fraud.

6 Tips to Help You Save Up for a Vacation

Summer is finally here! You’re probably daydreaming about road trips, cruises and sandy beaches. If you haven’t already started saving up for your next vacation, now is the time to start! With a little imagination, you can beef up your bank account and be ready to hit the road or beach in no time, without your bank account going into the negatives.

Here are 6 of our top tips to help you save up for your next vacation:
1. Open Up a Dedicated Vacation Bank Account

Eligible Educator School Supply Tax Credit

There is a new refundable tax credit for 2016 and beyond: The Eligible Educator School Supply Tax Credit. If you are an eligible educator, you can now claim a 15% refundable tax credit on up to $1,000 of supply purchases per year.

Who is eligible?

You can only claim this tax credit if you are a teacher or early childhood educator employed at an elementary or secondary school or a regulated child care facility:

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