It’s everyone’s favourite time of year again: tax time! This year a reader asked us for help understanding how to claim Canada’s adoption tax credit. In this article, adoptive dad and financial professional John Hakkarainen returns for the third year in a row—this time, to explain the nuts and bolts of line 313.
What is the adoption tax credit and why it is important?
My children often tell me that my jokes are taxing! I am hoping that the guide below helps you to reduce your tax liability so that you have more money to spend on cheese.