Income tax

With notes from Penelope Graham When you sell an asset like a rental property or some investment products like stocks and you make a profit, …

In the words of Benjamin Franklin, “nothing can be said to be certain, except death and taxes.” While there isn’t much that can be done about the former, the latter comes around once a year like … Read More

They say there are only two guarantees in life: death and taxes. It’s dark humour, for sure, but sadly tax time isn’t all fun with big returns. Depending on which types of investments you hold, you … Read More

More than nine million Canadians have already filed their tax returns, according to recent statistics from the Canada Revenue Agency (CRA). As of April 2, the average refund amount per tax return was $1,620. While many people … Read More

This article is sponsored by TurboTax. The thoughts and opinions are my own. Let’s face it, “tax time” might very well be the most anxiety inducing phrase in the English language — but it doesn’t need … Read More

People love to brag about being good negotiators, and won’t hesitate to tell you they’ve never left money on the table. Yet Canadian taxpayers consistently fail to claim deductions that could put money in their pockets.