More »


What you need to know about pension income splitting

Posted February 10th 2015

Pension income splitting allows senior couples to save a significant amount of tax by transferring up to 50 per cent of qualifying pension income to their spouse or common-law partner. There are specific requirements and only certain pension income is eligible, but splitting income allows money to be moved from one spouse’s higher tax bracket […]

Read more


Should you open an RESP?

Posted December 19th 2014

The cost of post-secondary education is increasing and many parents are starting to save early for their child’s future. A Registered Education Savings Plan (RESP) is an option that offers some tax advantages as well as contributions from the federal government. Parents can deposit a lifetime maximum of $50,000 per child into an RESP post-secondary […]

Read more


Five things to know about capital gains

Posted December 10th 2014

Capital gains are a complicated topic at the best of times, but failing to report them on your tax return can be costly.  If you are trying to figure out if you have a capital gain this year, here are five big things to know about them. What is a capital gain? Essentially, a capital […]

Read more

More »

Can't find the answer you need?

Privacy Policy. This message may be considered advertising under applicable law. © 2017 H&R Block. All rights reserved.

*File Online: If you find another tax software preparation method that results in a larger refund (or smaller liability) than that calculated by the H&R Block online tax software, we will reimburse you the purchase price of that other method. Tax Protection or similar insurance is excluded. To qualify, the larger refund or smaller tax liability must not be due to differences in data supplied by you, your choice not to claim a deduction or credit, or positions taken on your return that are contrary to law. To obtain reimbursement, you must provide us with a dated receipt within [60] days of purchase. File in an Office: If you discover an H&R Block error on your return that entitles you to a larger refund (or smaller tax liability), we will amend the return at no additional charge. If H&R Block makes an error in the preparation of your tax return that costs you any interest or penalties on additional taxes due, although we do not assume the liability for the additional taxes, we will reimburse you for the interest and penalties.