Canadian Tax Advice - MoneySense

Does changing the ratio of your contributions put you at risk for a CRA audit? And what’s the best...

Here is a quick primer on claims to take advantage of, the filing deadlines for employees and self-employed taxpayers,...

The longer you wait to come clean, the harder the CRA will hit you with penalties and interest payments....

And, perhaps more importantly, should Jerry, who’s retired, claim RRSP deductions or the capital cost allowance, to reduce his...

Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....

Abe contributes the maximum to his TFSA and is ready to take the next step—but he wonders if an...

Though tax reporting can be complicated, on this point the answer is simple—at least, from the Canada Revenue Agency’s...

Here’s what you need to know about reporting your split to the CRA, as well as how to maximize...

Whether to write off the cost of renovations annually, or upon the sale of the property, depends on how...