Ask a Tax Expert Archives

Tax planning in Canada isn’t just for March and April. These smart tax moves need to be made before...

Here’s a guide to making the right tax installment payments, including answers to common questions about the process.

Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...

Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?

With planning and the right documents, the capital gains tax owing on a family cottage can be lowered. Here...

If the property was bought before 1994, there may already have a $100,000 capital gains deduction.

Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.

Quickly find your federal and provincial tax brackets to help you prep for your 2023 income tax return.

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