How to reduce tax

This is the everybody question. Bur not every strategy work. But their is at least one basic one that work if you can afford it, contribute to your RRSP.

Small tax tips

If you or your dependant used the public transportation, you can reduce tax by deducing it(federal only).

Tax tips for student

Student loan interest can be deducted. their real interest is then lower if you have taxable income, pay your other debt with higher and similar interest first.

all you tuition, education, and textbook that you don't used or transfer can be carry foward indefinitly. You have to claim your carry-forward amount in the first year that you have to pay federal tax.

Voluntary Disclosures Program

if you have make a fraudulent tax declaration nd now want to amend, you can make a volontary disclosure. But if you have make a really big fraud it can be a good idea to see a tax lawyer before going to the CRA. Why? Because tax lawyer know the detail to make sure you get completly out of trouble. problem with your tax and need