Canadian Tax Advice - MoneySense

Minimizing tax is only one factor to consider when passing on the family cottage.

From travel costs to collect rent, to picking up the tab for a service provider’s lunch, to the cost...

Recognizing the financial upheaval caused by COVID-19, the Canada Revenue Agency has given most of us extra month to...

Tonya bought shares of a small company, which she sold at a loss. She’d like to use that loss...

Does changing the ratio of your contributions put you at risk for a CRA audit? And what’s the best...

Here is a quick primer on claims to take advantage of, the filing deadlines for employees and self-employed taxpayers,...

The longer you wait to come clean, the harder the CRA will hit you with penalties and interest payments....

And, perhaps more importantly, should Jerry, who’s retired, claim RRSP deductions or the capital cost allowance, to reduce his...

Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....