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Two electricians are looking at wiring inside an exposed wall, discussing if the renovation and upgrades are tax deductible

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Are home renovations tax deductible in Canada?

Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim.

Are home renovations tax deductible in Canada?
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How to change a past tax return

You can amend previous tax returns to include new information, such as investment management fees for a non-registered account....

How to change a past tax return
Woman researching her withdrawal exceptions for financial hardship

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Financial hardship withdrawal exceptions and increasing income in retirement

Money in a LIRA or LIF is intended to last a lifetime, making it difficult to access more than...

Financial hardship withdrawal exceptions and increasing income in retirement

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Should you buy life insurance to pay for tax owed upon death?

When you die, capital gains tax might apply to some of your assets. Can life insurance help shelter your...

Should you buy life insurance to pay for tax owed upon death?

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A woman and her smiling son, for whom she's opened a registered account

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What new bare trust tax filing rules mean for Canadians

Do Canadians have to file a trust tax return this year? What is a bare trust? What are the...

What new bare trust tax filing rules mean for Canadians
A couple discusses declaring themselves common-law on their next tax return

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Should you claim your common-law partner on your taxes?

Changing your status to common-law has an impact on your tax return and government benefits. Here’s how to know...

Should you claim your common-law partner on your taxes?

Retirement

Planning for retirement with little or no savings to draw on

Planning for retirement with little or no savings to draw on
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“Where do we pay income tax if we retire abroad?”

“Where do we pay income tax if we retire abroad?”

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Retirement

RRIF and LIF withdrawal rates: Everything you need to know

Most registered retirement savings plans are eventually converted to registered retirement income funds. Here’s what to know about RRIF...

RRIF and LIF withdrawal rates: Everything you need to know

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