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2024 tax-filing extensions: What you need to know

There are several personal, trust and corporate income-tax-filing extensions for Canadians this year. Which ones apply to you? ...

2024 tax-filing extensions: What you need to know
A Canadian woman with friends, whom she is considering creating a corporation to invest.

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Should you set up a corporation with friends to invest?

What to consider when deciding to incorporate a company with friends to buy real estate and more.

Should you set up a corporation with friends to invest?

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When and how should I start drawing on my retirement savings?

There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...

When and how should I start drawing on my retirement savings?

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Revising the fair market value of a property for tax purposes

Can you retroactively change the valuation of a rental property before selling it to reduce capital gains tax in...

Revising the fair market value of a property for tax purposes

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A man rubs his eyes in disbelief after discovering that he's a victim of fraud

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Financial fraud in Canada: What to do if your bank account or credit card is compromised

Financial fraud in Canada: What to do if your bank account or credit card is compromised

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How to reduce capital gains tax with RRSP contributions

RRSP contributions can reduce capital gains tax. How does that work, and when might a different tax strategy be...

How to reduce capital gains tax with RRSP contributions

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Who pays tax on cash gifts in Canada?

Want to give or loan money to your children? Here are the factors that determine who pays tax in...

Who pays tax on cash gifts in Canada?

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Can you decline or step down as power of attorney in Canada?

Power of attorney compensation can be high, but the role can be a lot of work. Here’s what happens...

Can you decline or step down as power of attorney in Canada?

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How RRIF withdrawals work when you have multiple registered accounts

Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part...

How RRIF withdrawals work when you have multiple registered accounts

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