April 28, 2020

Tax Relief for Low-Income Tax Filers

With a low income, you could qualify for tax relief for low-income tax filers. There are some helpful tax benefits and credits from the CRA. And, there are helpful credits through the province or territory where you live, too. Canada Workers Benefit (formerly the Federal Working Income Tax Benefit) The Canada Workers Benefit (CWB) encourages low-income earners to keep working.… Continue Reading

April 28, 2020

Filing Tax For a Deceased Person

The legal representative is responsible for filing tax for a deceased person. Everything that belongs to that person when they die, property and debts are part of the estate. All the paperwork and tax jargon seem daunting. But with the right information, you can manage to file the deceased tax return with CloudTax. When is the return due when you… Continue Reading

April 24, 2020

How do tuition tax credits work?

The financial burden of post-secondary education lessens when tuition tax credits offset the expense of the university. Most students over 16 years old are eligible for tuition tax credits for post-secondary courses. Certainly, the school needs accreditation. Schools outside of Canada qualify for full-time studies lasting three or more weeks. You can’t claim your tuition tax credit if your employer… Continue Reading

April 15, 2020

Do I qualify for the Ontario Trillium Benefit?

The Ontario Trillium Benefit (OTB) assists low-income families with a refundable tax credit. Three tax credits combine into a single payment: Ontario energy and property tax credit, Ontario sales tax credit, Northern Ontario energy credit These credits are all funded by the Province of Ontario and administered by the CRA. Watch your bank account for deposits that say “Canada Pro.” Do I… Continue Reading

April 13, 2020

Can you get a tax refund if you’re on welfare?

Many people on welfare often think that there is no reason even to file their taxes. Up to a quarter don’t believe it is possible to get a refund if you’re on welfare. And although it is technically accurate that you can’t get tax dollars back if you never paid anything in, you could get tax credits that give you… Continue Reading

April 10, 2020

How to check your income tax refund status

When you use CloudTax to file your tax return, you quickly receive a confirmation number. It only takes a few seconds because the system only checks that your return is accepted for processing through NETFILE.  This is a CRITICAL step! You'll need that number to know how to check your income tax refund status. So, keep it with your tax documents.… Continue Reading

March 23, 2020

How long does it take to get your tax refund? 

We know that you work hard for your money and for some Canadians, a tax refund may be the biggest check you get all year. If you’re like us, you must be wondering, “Where is my refund?”, once you file your taxes.  According to the Canada Revenue Agency (CRA), if you file your taxes electronically using NETFILE certified programs, such… Continue Reading

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