November is Financial Literacy Month, and this year’s theme, ‘Talk Money,’ encourages Canadians to have open, honest conversations about their finances. Talking about money is not easy – we get it. However, improving your tax literacy can be directly beneficial to you! Learn how doing your taxes can put money in your pocket, help you save up for a home, or your retirement. We also share tips on how to protect your finances from scams and fraud. For those looking for extra ca

The Canada Revenue Agency (CRA) is changing how tax professionals are authorized to access your tax information — and this change affects every individual taxpayer in Canada. Until now, tax preparers like me could send a signed authorization form (T1013) through certified tax software to gain access to your CRA file. This option is ending.After July 15, 2025, CRA will no longer accept authorization forms submitted through EFILE software for individuals. This means a new proce

Starting November 3, 2025, registrations for new business number (BN) or Canada Revenue Agency (CRA) program accounts must be done online. The CRA is moving away from phone-based registrations, so if you call the Business Enquiries (BE) line to register, you’ll be directed to the CRA’s secure online portal Business Registration Online (BRO). This change is designed to make the registration process quicker, easier, and more secure for businesses. Here is what you need to kn

The Alberta child and family benefit (ACFB) is a tax-free amount paid to families that have children under 18 years of age. For July 2025 to June 2026 , you may be entitled to receive the following amounts: $1,499 ($124.91 per month) for the first child $749 ($62.41 per month) for the second child $749 ($62.41 per month) for the third child $749 ($62.41 per month) for the fourth child The benefit is reduced as family income exceeds $27,565. If your adjusted family net income