Spring Financial Blog | Finance Tips & Guides

What is the Best Free Tax Software in Canada?

If you’re filing taxes for the first time in Canada, the process might seem a little bit overwhelming. Do you file online? Can you file directly with the CRA (Canada Revenue Agency)? Do you need to hire an accountant? What is the cheapest way to file your taxes?

What is the Best Free Tax Software in Canada?

Homeowner Finances

RRSP Homebuyer’s Plan vs FHSA

When it comes to purchasing a home in Canada, you need some sort of down payment to do so. However,

Lifestyle

How to Fill out an EI Report Online

There are plenty of reasons why you may need to go on the EI (Employment Insurance) program. No matter the

Tax Tips

Important Differences Between Marginal vs. Average Tax Rate in Canada

When it comes to filing your taxes during tax season in Canada, you’ll notice that there’s a marginal tax rate

Tax Tips

A Guide to Canada’s T1 General Form

Filing your taxes can be confusing, and with tax season just around the corner, you may need help knowing where

Homeowner Finances

Overview of the Multigenerational Home Renovation Tax Credit

In 2022, the Multigenerational Home Renovation Tax Credit (MHRTC) was introduced as a new federal tax credit to assist homeowners

Tax Tips

What Happens if you don’t File your Taxes, File them Late, or not pay them in Canada?

In Canada, once you reach a certain age and start earning your income, you need to file your taxes. However,

Tax Tips

An Overview of T4 Slips in Canada

With tax season around the corner, it’s time to start getting your paperwork together before it’s time to file. What

Tax Tips

Canada Tax Preparation Checklist

When tax season rolls around, it can be hard to figure out what you need in order to file your

Tax Tips

How to Fill Out a TD1 Form in Canada

When you start a new job, usually, one of the first things you have to complete is a TD1 Personal

Tax Tips

How to Fill Out CRA Form T1213

It’s that time of the year again; tax season is right around the corner. Because of that, it’s time to

Tax Tips

What’s the RRSP Withholding Tax in Canada?

RRSPs, also known as Registered Retirement Savings Plans, are investment accounts that allow you to save money for your retirement

Tax Tips

What’s Line 10100 on your Canadian Tax Return?

Filing your annual return with the Canada Revenue Agency (CRA) is something most Canadians have gotten used to. That said,

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