Will the Bank of Canada lower the prime rate to lower the value of the Canadian $?

I find you lose the credit if you start making ~$30,000 or so.

Ignore the post above. It is clearly false. Your wife can claim a % of property taxes as a commissioned employee IF she has sufficient commission income. She will have a box 42 on her T4 repor...

Yes, if your wife is "resident" of Canada for tax purposes. She can claim a foreign non-business income tax credit for any foreign taxes paid to the U.S. state and federal governments...

If you are looking for the information from your T4, you can call CRA at 1-800-959-8281 (press *). Hopefully it is in their computer by then.

The first payment for the year 2007 returns will be July 2008. The rest of the payments... October 2008, January 2009, and April 2009. It is usually direct deposit the first friday of the month...

Box 42 is a special info box for commissioned salespeople to claim tax deductions for expenses incurred. It is transferred to Form T777. Commissioned employees can deduct some costs that non-comm...

Paying someone to do your taxes is a waste. It sounds like you are a typical 20 year old which means it would take a total of 5-10 minutes to do each year. Start by going to ...

In order to claim the additional $9600 on the TD1, there are two conditions to be satisfied: (a) she lives with you in Canada, and (b) if her net income for the year will be less than $9,600...