Canadian Personal and Business Taxes - Email: contact@fingems.ca
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Missed the 2026 Tax Deadline in Canada? What CRA Will Charge and What to Do Next The April 30 tax deadline is one of those dates that sneaks up faster than you'd think. If you've already missed it, or you're […]
Read moreFiling your 2025 taxes this spring? If your spouse or common-law partner earned little or no income last year, you could be leaving thousands of dollars on the table. The Spousal or Common-Law Partner Amount is one of the most […]
Read moreBank of Canada Rate Decision March 18: Why 1.8% Inflation Will Not Trigger a Cut (And What It Means for Your Mortgage and Taxes) Today, Statistics Canada reported February inflation at 1.8% , well below the Bank of Canada's 2% […]
Read moreCanada Lost 84,000 Jobs in February 2026: Here Is How to Apply for EI If You Have Been Laid Off On March 13, 2026, Statistics Canada reported that the Canadian economy shed 84,000 jobs in February, the largest monthly decline […]
Read moreWhy Your First 2026 Paycheck Looks a Little Different You didn't get a pay cut. Your boss didn't change anything. But that first paycheque of 2026 might be smaller than you expected — because of updated CPP and EI deduction […]
Read moreYou Have a Day Job AND a Side Hustle. Now What? More Canadians than ever are earning income outside their regular job — driving for Uber, selling on Etsy, freelancing on the side, or running a small online business. The […]
Read moreBaby's Here — And So Is a Brand New Tax Situation Having a baby changes everything. Including your taxes. Whether you gave birth in 2025 or welcomed a new little one earlier in the year, your first tax season as […]
Read moreCongrats on the Wedding — Now Let's Talk About Your Taxes Getting married is a big deal. And while no one wants to spend their honeymoon thinking about the CRA, the truth is: your tax situation just changed in some […]
Read moreWelcome to the $100K Club — Your TFSA Just Hit a Milestone If you've been eligible for a Tax-Free Savings Account (TFSA) since it launched in 2009, your total lifetime contribution room has officially reached $109,000 in 2026. That's not […]
Read moreUnion Dues, Professional Fees, and Licence Costs: Your Hidden Tax Deduction Most employed Canadians pay union dues, professional membership fees, or licence costs every year — and most can deduct them on their tax return. This quiet deduction reduces your […]
Read moreMultigenerational Home Renovation Tax Credit (MHRTC): Get Up to $7,500 Back If you renovated your home to add a secondary suite for a senior parent or adult with a disability, you may qualify for the Multigenerational Home Renovation Tax Credit […]
Read moreForeign Tax Credit (T2209): How Canadians Avoid Double Tax on Overseas Income If you are a Canadian tax resident earning foreign income — salary, dividends, rental income, or freelance income — you may owe tax in both countries. The Federal […]
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