Save Now Blog

For many Canadians, their home is not only their biggest investment but also their most valuable tax shelter. And that’s thanks to the Personal Residence Exemption (PRE) — a little piece of...

Let’s be honest—tax season isn’t exactly a fan favourite. But if you run a business in Canada, staying on top of tax deadlines is non-negotiable. Miss one, and you could face penalties,...

The Canada Revenue Agency (CRA) has accumulated more than $1 billion over the past 20 years in uncashed cheques issued to taxpayers. Find out how to access your account and never miss a...

By educating yourself on the process and making sure you have all your important records on hand, you can save yourself a lot of unnecessary worry.

You filed your return on time, but now you have...

We are starting income tax season so this is an ideal time to review some of the changes that will apply to this year's tax return. A federal election is scheduled for later this year, so it is no...

March 2, 2015 is the deadline for Registered Retirement Savings Plan (RRSP) contributions that qualify for deduction on your 2014 tax return. Several clients have contacted me recently to confirm...

You can claim on your personal tax return, eligible medical expenses for yourself, spouse and dependent children born after 1996, for any 12 month period ending in that tax year. The medical...

In Canada, every adult and every corporation must generally file an annual income tax return.  What we do at Towler & Associates is help our clients fulfill their tax filing obligations while...

Over the next few months some of your friends and family may bring up the subject of dreading the task of preparing their own 2013 tax return.  You can provide some wise advice to them by...