Ask a Tax Expert Archives

Here are two ways to manage the effects of tariffs in Canada, plus three statements to prepare to ensure...

You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts...

You may be able to get some tax relief when the stock of a company you hold goes bankrupt....

Would swapping a house for cash from a corporation save on taxes? And is this tactic worth it in...

Tax planning in Canada isn’t just for March and April. These smart tax moves need to be made before...

Here’s a guide to making the right tax installment payments, including answers to common questions about the process.

Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...

Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?

With planning and the right documents, the capital gains tax owing on a family cottage can be lowered. Here...