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Income Tax Deductions provides news and information to help you understand Canadian Income Tax Deductions. Canadian Income Tax deductions rulings change each year. Our simple income tax tips are easy to understand and will help you save money.

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Revenue Canada Network
  1. Interest expense deduction allowed under specific conditions

  2. Employed apprentice mechanics get 2002 tax break

  3. Deducting child care expenses - Child Tax Benefit program

  4. Lowering your taxable income - deferring RRSP deduction

  5. Canadian Income Tax Act requires taxpayers to keep records

  6. Taxpayers obligated to maintain proper books and records

  7. Deductibility of interest expense against taxable income

  8. Know what qualifies as a medical expense credit

  9. Income tax relief - a medical expense credit

  10. Medical Expense Credit Entitlement

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