Building a sizeable retirement pool is important, but it is equally important to protect it from the CRA’s tax claws. The ...

Here’s why you should consider it and what steps to take.

Strategic Roth IRA conversions can set you up for tax-free income in retirement and a tax-free inheritance for the people you ...

A long and active retirement may be costly — and may even bump you into a higher tax bracket. Paying some taxes on your ...

The steady decline of defined-benefit (DB) pension plans has led to the creation of new pension models aimed at helping ...

Cash gifts to adult children generally have no tax impact on neither the parent nor the child. Only gifts of assets with ...

CNW/ - The Great Wealth Transfer is a term coined to describe the wealth that the silent generation and baby boomers will be leaving their loved ones ...

Real estate is also generally subject to probate or estate administration tax before an executor of a will can transfer the property or sell and distribute the cash proceeds from the property to a ...

Rona Birenbaum, a certified financial planner and founder of Toronto-based Caring for Clients, says part-time income could ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

But experts say there are also several ways and strategies Canadians can use to optimize their RRSP for increased tax efficiency and savings. One of the first points to consider is how much money you ...

But what are the tax implications? Mark Chapman, Director of Tax Communication at H&R Block, explains… Businesses use the internet in different ways. Some businesses use their website just for ...