--- title: Toro Accounting Blog | Tax (2) description: Tax | Toro Accounting blog for accounting and tax topics in Canada, (2) --- [Skip to content](https://toroaccounting.ca/blog/tag/tax/page/2#main-content) - [English](https://toroaccounting.ca/blog/tag/tax) - [Spanish](https://toroaccounting.ca/es/blog/tag/impuestos) English Show submenu for translations [![Toro Financial Inc. dba Toro Accounting](https://toroaccounting.ca/hs-fs/hubfs/Logo-Square%20(500%20x%20200%20px)-1.png?width=450&height=150&name=Logo-Square%20(500%20x%20200%20px)-1.png)](https://toroaccounting.ca/en?hsLang=en) - [Home](https://toroaccounting.ca/en/) - [Taxes](https://toroaccounting.ca/en/tax-filing-services) Show submenu for Taxes - [1st Tax Filing](https://toroaccounting.ca/en/steps-for-filing-t1) - [Bookkeeping](https://toroaccounting.ca/en/bookkeeping) - [Business Plans](https://toroaccounting.ca/en/create-my-business-plan) - [Blog](https://toroaccounting.ca/blog) Open main navigation Close main navigation - [Home](https://toroaccounting.ca/en/) - [Taxes](https://toroaccounting.ca/en/tax-filing-services) Show submenu for Taxes - [1st Tax Filing](https://toroaccounting.ca/en/steps-for-filing-t1) - [Bookkeeping](https://toroaccounting.ca/en/bookkeeping) - [Business Plans](https://toroaccounting.ca/en/create-my-business-plan) - [Blog](https://toroaccounting.ca/blog) - - [English](https://toroaccounting.ca/blog/tag/tax) - [Spanish](https://toroaccounting.ca/es/blog/tag/impuestos) English Show submenu for translations - [Book a Free Consultation](https://toroaccounting.ca/en/book-consultation) [Book a Free Consultation](https://toroaccounting.ca/en/book-consultation?hsLang=en) # The Blog Discover tax tips for small business owners and self-employed individuals in Canada. From claiming expenses to understanding tax residency, find valuable insights to optimize your business finances. Search for any topic on our blog - There are no suggestions because the search field is empty. [![](https://toroaccounting.ca/hubfs/Medical%20Expenses.png)](https://toroaccounting.ca/blog/medical-expense-tax-credits) [Tax](https://toroaccounting.ca/blog/tag/tax), [CRA](https://toroaccounting.ca/blog/tag/cra) ## [Understanding Medical Expense Tax Credits in Canada](https://toroaccounting.ca/blog/medical-expense-tax-credits) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Feb 16, 2025, 1:50:38 PM When it comes to managing healthcare costs, the Medical Expense Tax Credit (METC) can help Canadians... [Read more](https://toroaccounting.ca/blog/medical-expense-tax-credits) [![](https://toroaccounting.ca/hubfs/Credit.png)](https://toroaccounting.ca/blog/understanding-non-refundable-and-refundable-tax-credits-in-canada) [Tax](https://toroaccounting.ca/blog/tag/tax), [CRA](https://toroaccounting.ca/blog/tag/cra) ## [Understanding Non-Refundable and Refundable Tax Credits in Canada](https://toroaccounting.ca/blog/understanding-non-refundable-and-refundable-tax-credits-in-canada) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Feb 16, 2025, 12:41:08 PM When filing your taxes in Canada, you may be eligible for tax credits, which help reduce the amount ... [Read more](https://toroaccounting.ca/blog/understanding-non-refundable-and-refundable-tax-credits-in-canada) [![](https://toroaccounting.ca/hubfs/Family.png)](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know) [Tax](https://toroaccounting.ca/blog/tag/tax), [CRA](https://toroaccounting.ca/blog/tag/cra) ## [2025 Canadian Tax Filing Deadlines (for 2024 Tax Year): Key Dates You Need to Know](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Feb 11, 2025, 12:34:16 PM Tax season can feel overwhelming, especially if you're unfamiliar with how the Canadian tax system w... [Read more](https://toroaccounting.ca/blog/2025-canadian-tax-filing-deadlines-for-2024-tax-year-key-dates-you-need-to-know) [![](https://toroaccounting.ca/hubfs/image-png-Dec-24-2024-07-33-39-2704-PM.png)](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends) [Tax](https://toroaccounting.ca/blog/tag/tax), [Corporation](https://toroaccounting.ca/blog/tag/corporation), [Dividends](https://toroaccounting.ca/blog/tag/dividends) ## [Understanding Canadian Tax Integration: Eligible and Non-Eligible Dividends](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Dec 24, 2024, 2:35:00 PM Tax integration is a fundamental principle of the Canadian tax system. It aims to ensure that income... [Read more](https://toroaccounting.ca/blog/understanding-canadian-tax-integration-eligible-and-non-eligible-dividends) [![](https://toroaccounting.ca/hubfs/Screenshot%202024-11-09%20222329.png)](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra) [Tax](https://toroaccounting.ca/blog/tag/tax), [Corporation](https://toroaccounting.ca/blog/tag/corporation), [CRA](https://toroaccounting.ca/blog/tag/cra) ## [Payment Arrangements with the CRA](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Nov 9, 2024, 10:39:57 PM If you can’t pay your debt right away, you can schedule a series of payments in your online CRA acco... [Read more](https://toroaccounting.ca/blog/arreglo-de-pagos-con-el-cra) [![](https://toroaccounting.ca/hubfs/image-png-Jul-12-2024-11-56-03-7382-PM.png)](https://toroaccounting.ca/blog/how-employee-vs-self-employed-taxes-work) [Tax](https://toroaccounting.ca/blog/tag/tax), [Self-Employed](https://toroaccounting.ca/blog/tag/self-employed) ## [How Income Taxes Work in Canada for Employees vs Self-Employed Individuals](https://toroaccounting.ca/blog/how-employee-vs-self-employed-taxes-work) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Jul 13, 2024, 12:07:16 AM In Canada, sole proprietors and employees report their income and expenses on their personal tax ret... [Read more](https://toroaccounting.ca/blog/how-employee-vs-self-employed-taxes-work) [![](https://images.squarespace-cdn.com/content/v1/646038aa3c92da64e9777bf5/1710104284598-2YVJV04BIJ108S8JDOEC/image-asset.jpeg)](https://toroaccounting.ca/blog/personal-service-business-tax-pitfalls-for-incorporated-individuals) [Tax](https://toroaccounting.ca/blog/tag/tax), [Corporation](https://toroaccounting.ca/blog/tag/corporation) ## [Personal Service Business - Tax Pitfalls for Incorporated Individuals](https://toroaccounting.ca/blog/personal-service-business-tax-pitfalls-for-incorporated-individuals) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Jul 8, 2024, 5:51:00 PM In Canada, if your business is labeled as a personal services business, it loses out on many tax ben... [Read more](https://toroaccounting.ca/blog/personal-service-business-tax-pitfalls-for-incorporated-individuals) [![](https://images.squarespace-cdn.com/content/v1/646038aa3c92da64e9777bf5/1711225123328-AVR0INNMYVUZ4FYLLMYH/image-asset.jpeg)](https://toroaccounting.ca/blog/self-employed-and-run-a-business-out-of-your-home-what-you-can-claim) [Tax](https://toroaccounting.ca/blog/tag/tax), [Self-Employed](https://toroaccounting.ca/blog/tag/self-employed) ## [Self-Employed and Run a Business Out of Your Home: What You Can Claim?](https://toroaccounting.ca/blog/self-employed-and-run-a-business-out-of-your-home-what-you-can-claim) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Jul 7, 2024, 5:03:33 PM If you're a small business owner or self-employed individual in Canada, you may be eligible to claim... [Read more](https://toroaccounting.ca/blog/self-employed-and-run-a-business-out-of-your-home-what-you-can-claim) [![](https://toroaccounting.ca/hubfs/image-png-Jul-07-2024-08-18-18-7110-PM.png)](https://toroaccounting.ca/blog/form-rc151) [Tax](https://toroaccounting.ca/blog/tag/tax), [HST-GST Credit](https://toroaccounting.ca/blog/tag/hst-gst-credit) ## [How to Fill Out the Form RC-151 for the GST and HST Tax Credit If You're New to Canada](https://toroaccounting.ca/blog/form-rc151) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Jul 7, 2024, 4:39:14 PM If you do not have children and it is your first tax return in Canada, to apply for the GST/HST Cred... [Read more](https://toroaccounting.ca/blog/form-rc151) [![](https://toroaccounting.ca/hubfs/image-png-4.png)](https://toroaccounting.ca/blog/self-employed-car-expenses) [Tax](https://toroaccounting.ca/blog/tag/tax), [Vehicle Expenses](https://toroaccounting.ca/blog/tag/vehicle-expenses), [Self-Employed](https://toroaccounting.ca/blog/tag/self-employed) ## [How to Deduct Business Use of Your Vehicle for Self-Employed Indiduals in Canada](https://toroaccounting.ca/blog/self-employed-car-expenses) [Camilo Toro](https://toroaccounting.ca/blog/author/camilo-toro) Jul 7, 2024, 4:13:48 PM If you are self-employed or own a small business in Canada, it is likely that you use a vehicle for ... 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