How are jointly held investment accounts taxed?
Joint ownership makes access to the investments easier by a surviving spouse, but requires diligent record-keeping while you’re both...
Taxes
Should you add your grandkids as joint tenants on stocks?
Avoiding probate is one advantage.
Gifting real estate to your adult children
Consider the impact of potential capital gains tax, what might happen to the property if your child gets divorced...
“Should I loan investments or money to my spouse?”
The idea is to split income, following Canada Revenue Agency guidelines, so the family pays less tax overall.
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Do teenagers need to file a tax return if they work part-time?
Like many milestones, this one can be used as a “teachable moment” for kids and parents.
How having a child together affects your tax situation
Elise recently had a baby and moved in with her partner. Looking ahead to tax time, she wonders how...
Moving to the U.S.? Here’s what to do with your Canadian investments
Set to start a new job south of the border, Justin will need to consider that registered and non-registered...
8 year-long tax strategies to build wealth faster
Take a few simple (and fully legal!) steps to reduce your tax bill, and you’ll have more cash in...
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What’s your investing “why?”
Instead of focusing on target returns, start with what you want the money to do for you and your...