Practical tax guidance, clearly explained.
Local stories. Useful answers for your taxes, your work and everyday life.
All articles
132 articles · 8 / 22
Working for yourself 2 min
A US-dollar invoice needs more than a dollar sign
Keep the invoice currency, conversion date, rate source, payment and fees visible. A worked example explains why the net deposit can be misleading.
Read the guide
Saving & retirement 2 min
A better TFSA rate does not require a trip through chequing
Ask for a direct TFSA transfer when changing institutions so a withdrawal and redeposit do not accidentally use contribution room.
Read the story
Homes & rentals 3 min
A contractor's invoice can contain two different tax treatments
Separate routine restoration from lasting improvements and preserve the details behind each classification.
Read the guide
Homes & rentals 3 min
Claire's bathroom invoice needed more than one total
Separate qualifying accessibility work from cosmetic changes, apply the shared expense limit and avoid the medical-credit double claim from 2026.
Read the story
Family & everyday life 3 min
Bernard asks for the care breakdown before using the annual total
Separate care wages from other residence charges and compare the permitted medical-expense and disability-credit combinations.
Read the story
Family & everyday life 2 min
The parent paid tuition. The student still makes the transfer.
Complete the student's tuition calculation before transferring an eligible current-year amount to a family member.
Read the story