The article “When can you claim medical expenses on your tax return” was originally published in MoneySense on March 21, 2022. Photo by Anna Shvets from Pexels. After you pay for out-of-pocket medical expenses, what should you do with the receipts? Find...
The article “Capital gains when selling property to family” was originally published in MoneySense on March 18, 2022. Photo by cottonbro from Pexels. If you sell a property to a relative for a bargain price, does that mean you pay less tax for capital...
The article “Should you start OAS if you are still working?” was originally published in MoneySense on March 17, 2022. Photo by Tim Mossholder from Pexels. Not retired yet? Wondering about applying for Old Age Security? Here are the things to consider...
The article “Understanding the 1994 capital gains tax election” was originally published in MoneySense on March 14, 2022. Photo by Abby Savage on Unsplash. There is a $100,000 capital gains exemption that applied until 1994. Find out if it can be used to...
The article “Can I save tax by transferring an investment property to a corporation?” was originally published in Financial Post on March 11, 2022. Photo by ERNEST DOROSZUK/TORONTO SUN/POSTMEDIA FILES. The potential transfer of the property presents an...
The article “Capital gains on subdivided land, and HST on vacant land” was originally published in MoneySense on March 10, 2022. For property that you can subdivide, you can sell some of the land and build a house on the rest. But would you owe any tax?...
The article “Principal residence exemption on death and capital gains with joint tenancy” was originally published in MoneySense on March 9, 2022. Photo by Anastasia Shuraeva from Pexels. There are rules around capital gains on the sale of joint property...
The article “For certified financial planner, lifetime of struggle holds lessons for others” was originally published in Wealth Professional on March 8, 2022. International Women’s Day: CFP reflects on life-changing tragedy and how she took financial...
The article “What happens to your TFSA when you die” was originally published in MoneySense on March 7, 2022. Photo by Pavel Danilyuk from Pexels. This is how a TFSA gets distributed in the event of a death, plus, info on making sure it is not subject to...
The article “Should you leave corporate savings in your company?” was originally published in MoneySense on March 1, 2022. Photo by Mikhail Nilov from Pexels. Chris has a lot of money saved in his corporate bank account and wants to take it out with the...
The article “Calculating expected returns on the sale of real estate” was originally published in MoneySense on February 25, 2022. Photo created by freepik – www.freepik.com. Yan is selling his home and wants to know how to price it to ensure he...
The article “Business owners, you can – and likely should – be growing your corporate savings” was originally published in Canadian Family Offices on February 24, 2022. Photo by GETTY IMAGES. Cash can be invested in stocks, funds or real estate and grow...
