Management Fees as Income on Personal Taxes?

I am a little confused by the second paragraph. If all you did was rent out a condo that was previously a residence, there is no GST on the property sale. There would also be no GST payable on the ...

If you want to file your taxes you can just go to any post office and pick up the forms for free and fill them out. Also since you made less than $20k you can use any of the online tax programs for...

You need to file a return to be eligible for most benefits...this is how they keep track of dependants and such. Yes, people on social assistance get refunds...usually made up of credits, like t...

The answers to your two questions are YES & YES. You have to include it into your tax return as income whether or not the referal bonus has been included into your employer's T4 or T4A gi...

Your contributions to the Canada Pension Plan provide you with a stable and dependable pension you can build on for retirement. Your contributions also provide you and your dependents with basic...

The working income tax benefit is a tax credit that is claimed by low income taxpayers. It is essentially a subsidy because it is fully refundable if the taxpayer cannot use it. It is claimed a...

Each payment is taxed as an annualized rate. The rates you got hit with are correct...another example would be if you added overtime to your next regular biweekly pay, the total amount is annualiz...

You must own and live in that residence DURING SOME PART OF A YEAR (that can be less than 6 months), and you can only claim one tax free principal residence exemption each year. To designate a p...