Free Tax Resources & Tools
Professional-grade tax resources, calculators, and guides to help you save money and stay compliant.
Tax Calculators & Tools
Personal Tax Calculator 2024
Estimate your federal and provincial tax liability for 2024. Includes RRSP contribution room calculator.
GST/HST Registration Checker
Determine if your business needs to register for GST/HST based on your revenue and business type.
Get AssessmentHome Office Deduction Calculator
Calculate your allowable home office expenses for tax deduction purposes.
Calculate Deduction📅 Important Tax Deadlines 2025
Personal Tax Returns
Deadline for most individuals to file 2024 tax returns
Self-Employed Filing
Extended deadline for self-employed individuals (payment still due April 30)
GST/HST Returns
Monthly remitters must file by the last day of the following month
Corporate Installments
Large corporations must pay quarterly tax installments
📚 Tax Guides & Checklists
Personal Tax Checklist 2024
Small Business Tax Guide
Business Expense Deductions:
- Office supplies and equipment
- Business meals (50% deductible)
- Vehicle expenses (business portion)
- Professional development
- Home office expenses
First-Time Home Buyer Credits
Available Credits & Programs:
- First-Time Home Buyer Incentive
- Home Buyer's Tax Credit
- RRSP Home Buyer's Plan
- BC Property Transfer Tax Exemption
- Property Tax Deferment Programs
Common Tax Mistakes to Avoid
Missing Business Deductions
Many small business owners miss legitimate deductions like home office expenses, business meals, and professional development costs.
Solution: Keep detailed records and consult with a CPA.Incorrect Income Splitting
Improper income splitting with family members can trigger penalties and additional taxes.
Solution: Get professional advice before implementing income splitting strategies.Late Filing Penalties
Filing late results in 5% penalty plus 1% per month (max 12 months) on any balance owing.
Solution: File on time even if you can't pay the full amount.Mixing Personal & Business Expenses
Not separating personal and business expenses can complicate tax filing and trigger audits.
Solution: Use separate accounts and maintain proper bookkeeping.Need Personalized Tax Advice?
These resources provide general guidance, but every tax situation is unique. Get expert CPA advice tailored to your specific circumstances.
Book Free Consultation: 778-323-4345