Should you max out your RRSP before converting it to a RRIF?
Here’s what to consider before converting an RRSP to a RRIF.
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“Should I delay my CPP if I’m not contributing to it?”
You can still benefit from deferring Canada Pension Plan payments with less than maximum contributions.
“Our parents just passed. What do we do about their estate?”
Two siblings’ complex inheritance provides a case study in minimizing death taxes.
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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.
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....
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...
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...
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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...