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Rows of washing machines at a laundromat.

MoneyFlex

The unsexy path to wealth: Why young Canadians are buying service-based businesses

Young Canadians are building wealth by buying “boring” businesses from Boomers. Here’s why laundromats, trades, and car washes are...

The unsexy path to wealth: Why young Canadians are buying service-based businesses

Jacks on Tax

How to save on your taxes with automobile logs

You can deduct a lot for valid automobile expenses, but you’ll need to keep a detailed record of your...

How to save on your taxes with automobile logs
A Canadian landlord showing a property to potential tenants for the 2025 tax year.

Income Properties

Rental income and taxes: What’s new for Canadian property owners in 2025

Whether you have renters in your home or another property, know that the money you make can affect your...

Rental income and taxes: What’s new for Canadian property owners in 2025
A Canadian woman with friends, whom she is considering creating a corporation to invest.

Ask a Planner

Should you set up a corporation with friends to invest?

What to consider when deciding to incorporate a company with friends to buy real estate and more.

Should you set up a corporation with friends to invest?

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Canadian couple outside of home, wondering if they should transfer it to their corporation.

Ask MoneySense

Is transferring your principal residence to your corporation a good idea?

Would swapping a house for cash from a corporation save on taxes? And is this tactic worth it in...

Is transferring your principal residence to your corporation a good idea?
woman works on laptop December indoor scene

Jacks on Tax

Year-end tax-saving tips for Canadians for 2024

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

Year-end tax-saving tips for Canadians for 2024
Taylor Swift performing on stage

Ask a Planner

What are the tax implications if you resell Taylor Swift tickets?

Allison resold her Eras Tour tickets instead of going to the concert. The resale website asked for her SIN,...

What are the tax implications if you resell Taylor Swift tickets?
A woman writes notes about her business

Self Employment

Should you incorporate your freelance business?

If you’re self-employed, you might be wondering if it’s necessary to incorporate. Here’s how to incorporate a business in...

Should you incorporate your freelance business?

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