2026-04-10
What Can You Claim on T2125? A Complete Guide for Canadian Freelancers
A line-by-line walkthrough of every deductible expense on the CRA T2125 form for self-employed Canadians, with examples and common mistakes to avoid.
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Canadian tax guides
Practical guides on CRA deductions, receipt tracking, and filing for freelancers, landlords, and remote employees.
2026-04-08
Home Office Deductions in Canada: How to Claim Work-From-Home Expenses
How to calculate and claim home office deductions in Canada using the CRA's detailed method, including eligible expenses for self-employed and employees, the T2200 requirement, and common mistakes.
Read more2026-04-05
How to Prepare for a CRA Audit: Receipt Tracking and Record Keeping
What the CRA looks for in an audit, how long you must keep records, and how to organize your receipts and expense documentation for compliance.
Read more2026-04-01
GST/HST Input Tax Credits: What Canadian Small Businesses Need to Know
How GST/HST input tax credits work in Canada, what qualifies, how to track ITCs, and when you need to register for a GST/HST account.
Read more2026-03-28
Capital Cost Allowance (CCA) Explained: A Guide to CRA Depreciation Classes
Learn how Capital Cost Allowance works in Canada, including common CRA classes, the half-year rule, how to calculate depreciation, and what happens when you sell an asset.
Read more2026-03-25
T776 Rental Property Deductions: What Canadian Landlords Can Claim
A complete guide to the CRA T776 form for reporting rental income, including eligible expenses, repairs vs improvements, CCA on rental buildings, and the reasonable expectation of profit test.
Read more2026-03-22
T777 Employment Expenses: What Remote Workers and Employees Can Claim
A complete guide to the CRA T777 form for salaried and commission employees, including the T2200 requirement, eligible home office expenses, and vehicle deductions.
Read more2026-03-18
Vehicle Expense Tracking for Self-Employed Canadians: The Complete CRA Guide
How to track and claim vehicle expenses as a self-employed Canadian, including the CRA logbook requirement, eligible costs, business-use percentage, and Class 10 vs 10.1 rules.
Read more2026-03-15
Every Tax Deadline Self-Employed Canadians Need to Know in 2026
A complete calendar of CRA filing deadlines, instalment due dates, and GST/HST dates for freelancers and sole proprietors in Canada.
Read more2026-03-12
Starting a Freelance Business in Canada: Your Complete Tax Setup Checklist
Step-by-step guide to registering your freelance business with the CRA, getting a business number, and setting up your taxes correctly from day one.
Read more2026-03-08
Business Meals and Entertainment Deductions in Canada: The Complete Rules
How to deduct meals and entertainment expenses on your Canadian tax return, including the 50% rule, exceptions, documentation requirements, and GST/HST ITCs.
Read more2026-03-05
Deducting Professional Development and Education Expenses in Canada
How self-employed Canadians can deduct courses, conferences, certifications, and education expenses, plus the difference between a business deduction and the tuition tax credit.
Read more2026-03-01
How to Convert Foreign Currency Business Expenses for Canadian Taxes
Learn which exchange rates the CRA accepts for converting USD and other foreign currency business expenses to Canadian dollars, including Bank of Canada rates and documentation tips.
Read more2026-02-25
GST/HST Instalments: Who Pays, When, and How Much
A practical guide to GST/HST instalment payments for Canadian small businesses, including the $3,000 threshold, calculation methods, due dates, and penalties for late payments.
Read more2026-02-20
CRA Reassessment or Review Letter: What It Means and How to Respond
A step-by-step guide to responding when the CRA reassesses your tax return or sends a review letter, including how to file a notice of objection and what documentation to provide.
Read more2026-02-15
Hiring Subcontractors in Canada: T4A Slips, Tax Rules, and CRA Compliance
Everything Canadian small businesses need to know about hiring subcontractors, including when to issue T4A slips, the $500 reporting threshold, and CRA penalties for misclassifying workers.
Read more2026-02-10
Business Insurance Tax Deductions in Canada: What You Can (and Can't) Claim
A practical guide to which business insurance premiums are tax-deductible in Canada, where to claim them on your T2125, and the prepaid insurance rules you need to know.
Read more2026-02-05
How Freelancers Should Handle Tech and Software Costs on Their Canadian Taxes
A guide to deducting software subscriptions, computer hardware, phones, and other technology expenses as a self-employed Canadian, including CCA Class 50 rules.
Read more2026-02-01
Year-End Tax Planning Checklist for Self-Employed Canadians
A practical year-end tax planning checklist for Canadian freelancers and sole proprietors covering income timing, RRSP contributions, CCA strategies, and instalment payments.
Read more2026-01-28
Sole Proprietorship vs. Incorporation in Canada: A Tax Comparison for Freelancers
A practical comparison of sole proprietorship and incorporation for Canadian freelancers, covering tax rates, salary vs. dividends, administrative costs, and when incorporating makes financial sense.
Read more2026-01-25
CPP Contributions When Self-Employed: What You Owe and How to Calculate It
How Canada Pension Plan contributions work for freelancers and sole proprietors, including both employer and employee portions, CPP2, and how business expenses reduce what you owe.
Read more2026-01-22
RRSP vs TFSA for Self-Employed Canadians: Which Should You Prioritize?
A practical comparison of RRSP and TFSA for freelancers and sole proprietors, including contribution room, tax strategies for variable income, and spousal RRSP benefits.
Read more2026-01-18
Writing Off Bad Debts in Canada: CRA Rules for Unpaid Invoices
How to claim a bad debt deduction when clients do not pay, including the CRA's 'established to be bad' test, reserve for doubtful debts, GST/HST adjustments, and documentation requirements.
Read more2026-01-15
Claiming Moving Expenses in Canada: The 40km Rule and What Qualifies
CRA rules for deducting moving expenses on your tax return, including the 40km closer requirement, eligible costs, limits on claiming, and special rules for students.
Read more2026-01-12
Deducting Interest on Business Loans and Credit in Canada
CRA rules for deducting interest on business loans, lines of credit, credit cards, and vehicle financing, including the purpose test and mixed-use borrowing.
Read more2026-01-08
Business Travel Expenses in Canada: What You Can Deduct and How to Document It
A complete guide to deducting business travel expenses in Canada, including flights, hotels, meals on the road, conference travel, and the CRA documentation the rules require.
Read more2026-01-05
Tax Deductions for Gig Workers and Delivery Drivers in Canada
A complete tax guide for Canadian Uber, DoorDash, Instacart, and other gig workers covering self-employment filing, deductible expenses, GST/HST registration, and common mistakes.
Read more2026-01-02
Understanding Your CRA Notice of Assessment (NOA): A Line-by-Line Guide
How to read your CRA Notice of Assessment, what each section means, how to check for errors, and why this document matters for your RRSP room and future tax filings.
Read more2025-12-28
How to Correct a Mistake on Your Canadian Tax Return: T1-ADJ and ReFILE Guide
Step-by-step instructions for fixing errors on your Canadian tax return using the T1 Adjustment Request or CRA ReFILE, including time limits, common corrections, and when to file a Notice of Objection instead.
Read more2025-12-22
Provincial Small Business Tax Rates in Canada: A Complete Comparison for 2025
A side-by-side comparison of combined federal and provincial small business tax rates for all Canadian provinces and territories, including the SBD, business limit, and passive income rules.
Read more2025-12-18
Coworking Space and Shared Office Tax Deductions in Canada
Learn how to deduct coworking memberships, shared office rentals, and meeting room fees on your Canadian tax return as a freelancer or small business owner.
Read more2025-12-15
Tax Implications of Selling a Business or Business Assets in Canada
Understand the tax consequences of selling business assets in Canada, including capital gains, CCA recapture, goodwill, the lifetime capital gains exemption, and asset vs share sales.
Read more2025-12-12
Charitable Donations for Business Owners in Canada: Tax Credit vs Business Expense
Understand the difference between claiming charitable donations as a personal tax credit versus a business sponsorship expense in Canada, and which approach saves more.
Read more2025-12-08
Child Care Expense Deduction for Self-Employed Parents in Canada
Learn who can claim child care expenses, the annual limits by age, eligible costs, the two-thirds earned income rule, and how self-employment income affects the calculation.
Read more2025-12-05
Hiring Your First Employee in Canada: Tax Obligations and Payroll Setup
A step-by-step guide to the tax obligations of hiring your first employee in Canada, including payroll accounts, CPP/EI deductions, remittances, T4 slips, and penalties.
Read more2025-12-01
Prepaid Expenses and Accrual Accounting for Canadian Small Businesses
How the CRA treats prepaid expenses under accrual accounting, the 12-month rule, and when you must prorate insurance, rent, and other costs paid in advance.
Read more2025-11-28
The Small Business Deduction (SBD) in Canada: How It Works and Who Qualifies
A detailed guide to Canada's small business deduction, including the 9% federal rate, $500K business limit, passive income grind, and provincial SBD rates.
Read more2025-11-25
Cryptocurrency and Taxes in Canada: What the CRA Expects You to Report
How cryptocurrency is taxed in Canada, including business income from crypto payments and mining, capital gains on investments, and CRA record-keeping requirements.
Read more2025-11-22
Claiming Phone, Internet, and Utility Expenses as Business Deductions in Canada
How to calculate and claim the business-use portion of your phone, internet, and utility costs on your Canadian tax return, including what documentation the CRA expects.
Read more2025-11-18
Reporting Business Income on the T2125: What Counts and How to Report It
A guide to the income section of form T2125, covering what counts as business income, gross vs net reporting, cash vs accrual recognition, and how GST/HST collected is handled.
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