Being self-employed means more than just having a good idea and the drive to make it happen. You also have to balance the books and fulfill your tax obligations with the Canada Revenue Agency...
I know having a family can be expensive, but there are many benefits, credits, and deductions that can help your family with costs during the year. These benefits, credits and deductions could even lower...
Even though Canada doesn’t have any “death taxes,” estate taxes on your Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs), can be significant. Having a plan can keep those taxes at...
Your filing income taxes deadline is April 30th, and that means that it is once again time for Canadians to start collecting tax and earnings forms and figuring out their income taxes. For many...
Your relative passed away at age 80 in early 2016. They never married and had no children. You are the sole beneficiary in their will. Is your inheritance taxable? It is basically the executor’s...
