Canadian Tax Advice - MoneySense

How are Canadians taxed on foreign property? Find out if you should report the sale on your tax return...

When taking a big loss on preferred shares, a MoneySense reader asks if he should hold or sell now.

Yes, you can file income tax returns for previous years. But with opportunity comes some things to consider first,...

Inflation and taxes—both can affect retirement income. Thankfully CPP, OAS and GIS have inflation indexing. Here’s how it may...

For Canadians who have withholding tax on U.S. income in an RRSP, sometimes this tax can be avoided.

When transferring money from LIRA to a LIF and RRSP, would that result in being taxed twice?

How do you report the income from the sale of a small business? What are the tax implications? And...

Let’s look at the tax implications of holding ETFs in a tax-free savings account, and the tax differences between...

Read about the practical strategies to reduce or avoid probate fees in Ontario, and ensure a smoother transfer of...