What to know about withholding tax in retirement
Most retirees have taxes owing at the end of the year. Should you adjust the withholding tax on your...
Taxes
Multigenerational Home Renovation Tax Credit: What is it and do you qualify?
New for the 2023 tax year, you might be able to claim the Multigenerational Home Renovation Tax Credit for...
Side hustles and self-employment in Canada: Taxes, business expenses and more
If you recently started a side hustle or became a freelancer, you likely have questions about taxes, business expenses...
A company I hold stock in was acquired or merged—do capital gains apply?
Shareholders cannot always prevent a company sale or merger from going ahead. When that happens, do you still owe...
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When does the role of power of attorney end—and estate trustee begin?
There are various roles for estate planning, including the POA and the estate trustee. Find out the difference between...
When your child moves into your rental property: Capital gains and how to claim principal residence exemption
When an adult child moves into their parents’ rental property, the family should be clear on a few things,...
Listen up Gen Z: How to invest as a young person
As a young investor, should you manage your own stocks, use a robo-advisor or hire a professional? Find out...
How to claim a child’s income below the basic personal amount
Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions....
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4 strategies for income splitting with a lower-income spouse
If one spouse does not work, is it beneficial for the other to invest and buy stocks in their...