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Income Tax

A woman wearing a blazer reviews papework related to the expenses of her second property

Ask MoneySense

What expenses can you deduct for a second property in Canada?

Purchasing a second piece of real estate has its costs, but what expenses can be deducted and claimed for...

What expenses can you deduct for a second property in Canada?
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Ask MoneySense

I owe money on my taxes. What can I do?

Tax season is over! If you owe money to the government, take a big breath. You have options.

I owe money on my taxes. What can I do?
Two people looking at a computer with mixed emotions as they've just filed their returns

Taxes

Personal Income Tax Guide: The deadline for filing your 2021 return, tax brackets and more

Don’t miss the deadline to file your tax return! Our 2021 income tax guide for Canadians is here to...

Personal Income Tax Guide: The deadline for filing your 2021 return, tax brackets and more

Ask a Planner

Capital gains on subdivided land, and HST on vacant land

For property that you can subdivide, you can sell some of the land and build a house on the...

Capital gains on subdivided land, and HST on vacant land

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Taxes

What are the tax benefits of donating to charity?

Donating to charity can result in tax savings, but not every claim or organization is tax deductible. Here's what...

What are the tax benefits of donating to charity?
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Taxes

What can you claim on your income taxes: 7 deductions not to miss

As a Canadian, you have the opportunity to make tax claims on your return. We’re covering the less commonly...

What can you claim on your income taxes: 7 deductions not to miss
A folder with a 2021 notebook, which someone might use to log their 2021 tax details.

Taxes

When taxes are due—and other things to know about your 2021 income taxes

When are taxes due? Any new tax deductions for Canadians? To help you do file your 2021 income taxes,...

When taxes are due—and other things to know about your 2021 income taxes
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Taxes

2021 tax season primer: Our roundup of the best tax tips for Canadians

Are there still special write-offs for COVID? TFSA or RRSP? When is interest tax deductible? Find out all this,...

2021 tax season primer: Our roundup of the best tax tips for Canadians

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Investing

Are interest payments tax deductible?

Interest paid may be tax deductible under the right circumstances. Find out which scenario might apply to you.

Are interest payments tax deductible?

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