According to the Canada Revenue Agency (CRA), two types of fees are…
Browsing Tag
tax return
19 posts
“Where do we pay income tax if we retire abroad?” – MoneySense
In the case of Mexico, Marianna, a taxpayer is considered a resident…
What new bare trust tax filing rules mean for Canadians – MoneySense
What is a bare trust? The Income Tax Act does not specifically…
New IRS Direct File program now available in California
If you’re a California resident and haven’t done your federal tax return…
Top financial innovations of the last 25 years – MoneySense
17. 2011: Google released Google Wallet in the U.S., three years before…
Work-from-home tax credit: What Canadians can claim for 2023 – MoneySense
A tax deduction is often better than a tax credit because it…
Can you save on taxes by owning an investment account with your child? – MoneySense
When you give cash or assets to a family member to invest,…
New year, new way to file your tax return for free: The IRS launches Direct File pilot program
It’s back to regular IRS deadlines for California taxpayers this year, but…
Should Canadians keep their investment accounts when retiring abroad? – MoneySense
Should Canadian non-residents keep their TFSAs? Tax-free savings accounts (TFSAs) can remain…
How are bonuses taxed in Canada? – MoneySense
Maybe that money is already spoken for. Many Canadians are struggling financially…
2022 Income Tax Guide for Canadians: Deadlines, tax tips and more – MoneySense
Return to top. Prepping your taxes, including the 2022 tax brackets Even…
Can you file multiple years of income taxes together in Canada? – MoneySense
That’s important in an increasingly digital world. Hard copy does matter. For…
U.S. withholding tax in an RRSP for Canadians – MoneySense
First, U.S. stocks are generally subject to 30% withholding tax on dividends…
How to file your taxes when you own ETFs – MoneySense
Both types of investments are subject to tax in your taxable accounts,…
How to fill out a personal tax return for 2023 – MoneySense
The basic personal amount The age amount Amounts for spouse and dependents…
Are RESP contributions tax-deductible? – MoneySense
First, a quick refresher on these registered accounts: RESPs provide a tax-advantaged…
What to expect for GICs in 2024 – MoneySense
The point? If a GIC investor is looking to lock in a…
How to file your taxes online in Canada – MoneySense
How to use H&R Block online tax software Founded in 1955 and…
How is passive income taxed in Canada? – MoneySense
A corporation’s investment income is generally taxable at between about 47% and…