CRA
Can I find my birthdate information in My CRA Account?
NO!
It only provides information on your tax returns and benefits and allows you to update personal information, check your RRSP limits, and more, but no birthday information!
If my main office is in my house/apartment, Can I claim Home Office Deduction?
YES! If you use a portion of your home exclusively for business, you may be able to claim a portion of your home expenses, such as mortgage interest, property taxes, utilities, and maintenance, as a business expense.
Can I claim Childcare Expenses if I am unemployed?
Sometimes YES,
If you pay for childcare so you can work, go to school, or conduct research, you may be eligible to claim these expenses on your tax return.
Can I voluntarily register for GST/HST if my sales are below $30,000 in a calendar year?
YES, BUT!
Registering before reaching $30,000 means you will lose the benefit of not paying HST/GST on the first $30,000 in sales!
Is there any CRA Mobile App that allows you to view your personal tax information, including Notice of Assessments, and check the status of your tax return?
YES! but is not available for ONTARIO yet!
It is currently undergoing a trial, but it will soon be available for download to all Canadians.
If I am a fashion designer working from my home office and I use my car to pick up my groceries, can I claim vehicle expenses as part of my business expenses?
NO!
ONLY If you use your vehicle for business purposes, you can deduct some of your vehicle expenses, including fuel, maintenance, insurance, and depreciation. You will need to keep a detailed log of your business-related mileage.
Are there any tax credits available for moving expenses when relocating within Canada for work or school?
Yes
Incorporation is often recommended for:
NO!
This is the description of a sole proprietor!
If you've made an error or omitted information on your tax return...
Can you voluntarily disclose this to the CRA without facing penalties?
YES! Only under the Voluntary Disclosures Program
If I am a self-employed French teacher working in different institutes and I use my car to drive from home to the institutes, can I claim vehicle expenses as part of my business expenses?
NO!
You can only deduct a portion of your vehicle expenses if you use your vehicle for business purposes.
Driving from/to home is not considered a business matter.
I'm 73 years old, I have a disability, and I bought a 3-story Townhouse. I can't go upstairs; I need to move!
Can I use the Home Accessibility Tax Credit to claim the First-Time Homebuyer Credit for the second, third, or fourth time I move?
YES!
The FTHBTC can only be claimed once in your lifetime for a home purchase UNLESS you meet the special exception criteria (such as being eligible for the Disability Tax Credit).
Incorporation is often recommended for:
YES!