Practical tax guidance, clearly explained.
Local stories. Useful answers for your taxes, your work and everyday life.
All articles
132 articles · 19 / 22
Saving & retirement 2 min
Before withdrawing from a spousal RRSP, check three calendar years
Recent contributions can cause a spousal RRSP withdrawal to be taxed to the contributor rather than entirely to the account holder.
Read the guide
Working for yourself 2 min
Zero-rated and exempt are different categories
Both can show no tax charged, but the input tax credit and registration consequences are different.
Read the guide
Working for yourself 3 min
Mireille's invoice needs two tax lines
Calculate both taxes on the same selling price, check the invoice details and give your customer a record they can use.
Read the story
Saving & retirement 2 min
The RRIF minimum is a withdrawal rule, not a tax exemption
Check the opening value, age basis and payment schedule, then plan tax separately from the required withdrawal.
Read the guide
Family & everyday life 3 min
George's medical receipts may qualify for another Ontario credit
Start with the calculated medical-expense amount, then apply the Ontario credit's age, income and refund rules.
Read the story
Jobs & employment 2 min
Camille hires someone for Fridays
Before the first paycheque, establish employee details, payroll calculations, remittance responsibilities and records.
Read the story