The article “Are home renovations tax deductible in Canada?” was originally published in MoneySense on September 12, 2023, REPOSTED April 12, 2024. Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim. “We...
The article “How to change a past tax return” was originally published in MoneySense on April 8, 2024. You can amend previous tax returns to include new information, such as investment management fees for a non-registered account. Here’s how. Ask...
The article “Should you buy life insurance to pay for tax owed upon death?” was originally published in MoneySense on April 1, 2024. When you die, capital gains tax might apply to some of your assets. Can life insurance help shelter your beneficiaries from...
The article “Should you claim your common-law partner on your taxes?” was originally published in MoneySense on March 25, 2024. Changing your status to common-law has an impact on your tax return and government benefits. Here’s how to know when you should...
The article “Planning for retirement with little or no savings to draw on” was originally published in MoneySense on October 26, 2022. Photo created by pressfoto – www.freepik.com. Financial planning advice is often catered to wealthier Canadians. What can...