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taxes

A grandmother, mother and young girl bake cookies together

Renovations

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...

Multigenerational Home Renovation Tax Credit: What is it and do you qualify?
students at university with resp studying on quad

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My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes?

My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes?
Young man in an office holding a laptop

Columns

Should you pay off student debt before investing?

Should you pay off student debt before investing?
A smiling young woman works on a sewing machine

Careers

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...

Side hustles and self-employment in Canada: Taxes, business expenses and more

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Two woman discuss the tax implications of a company acquisition over coffee

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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...

A company I hold stock in was acquired or merged—do capital gains apply?
Son moves into rental condo that he owns with his parents. They wonder if they owe capital gains.

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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,...

When your child moves into your rental property: Capital gains and how to claim principal residence exemption

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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....

How to claim a child’s income below the basic personal amount
A woman does the splits outside

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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...

4 strategies for income splitting with a lower-income spouse

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A woman meets with her accountant and high fives as she files her 2022 income tax return for Canada, showing that she accurately filed on deadline, with tax claims that suited her.

Taxes

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more

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