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....
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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...
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...
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...
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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...
Work-from-home tax credit: What Canadians can claim for 2023
The flat-rate home-office expense deduction is no longer available for 2023. But eligible employees who work from home can...
How to qualify for EI benefits in retirement in Canada
Just because you paid loads into a program doesn't mean you'll get EI benefits when you retire
How to model retirement income in Canada
The risk of having too much money left when you die is real. Often realizing this comes too late...
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Can you save on taxes by owning an investment account with your child?
Jointly owning an asset with a child comes with tax and estate implications. Here’s why it may not be...