Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim. Before you submit your next return, check the following list. It represents the most frequently overlooked tax breaks available to typical working Canadians. First-time home buyer’s tax credit If you are buying a home for the first time, you can claim a... [read more]