Tag: tax planning

By Fixing Cash Flow, Rebalancing Your Portfolio, and Letting Go of Bad Investments Every January, the internet fills up with one-year goal-setting exercises.  You’re told to set intentions, design habits, visualize success, and plan your best year ever. Most of it...

If you’ve ever bought crypto, staked it, swapped tokens, or used DeFi, you might be surprised at how many of those actions are actually tax events in Canada. A lot of people think crypto is anonymous or tax-free until you cash out. That is not true....

If you’ve ever thought, “Maybe I should start a side hustle… eventually I can turn it into my full-time thing,” you’re not alone. More Canadians than ever are taking on extra work to help with the rising cost of living, pay...

If you have ever tried to buy your first home in Canada, you already know it feels like learning a new language. There are rebates, tax credits, special accounts, stress tests, and rules that make your head spin. The good...

A simple guide to how it works, the traps to avoid, and how real Canadians can use it to lower taxes If you’ve ever looked at your non-registered investments and thought, “Wow… this stock is deep in the red,” you...

If you’re thinking about buying a car for your business in 2025, you’ve probably heard all kinds of conflicting advice:  “EV write-offs are gone.”  “EV rebate is gone.” “Gas cars are cheaper now—don’t bother with EVs.” “EV tax benefits are dead.” “Carbon tax...

If you’ve ever looked at your pay-cheque and wondered where all your hard-earned money went, you’re not alone. Most Canadians feel that way. The truth is, our tax system isn’t out to punish success — it’s designed to be progressive....

If you read the budget headlines, you probably saw big promises and small print. The big shift is accounting, not tax relief. Ottawa now labels major projects as capital investment, which makes the annual deficit look better while borrowing continues....

In a recent court case 4490380 Canada Inc. v. The King (2024 TCC), the taxpayer—an experienced real estate investor—won an important victory against the Canada Revenue Agency (CRA).  The question at the heart of the case?  When you sell a...

This one rule could save you thousands, but only if you know it.  Many people overlook how the system works – corporate rental income can face a 50 percent tax if you’re not careful If you’ve ever considered buying rental...