Tim Cestnick

Thousands of Canadians are worried about outliving their RRIFs and rules that require withdrawals starting in the year they reach 72

Four tips from my father for how business owners can be financially secure in retirement

AI could help the CRA assess whether there’s sufficient third-party information to accurately calculate a particular taxpayer’s liability

Continually increase taxes on the top income-earners, making Canada a less attractive place to live, work, and create businesses, and they stop coming to dinner

These tips for Canadians may help them prepare for June 25, assuming that the proposals will become law as the government has promised

There are three tests ordinary property owners must pass to avoid paying out more to the taxman

As with most tax changes introduced by this government, it’s far more complex than it should be

If you fall under the ‘personal services business’ rules in our tax law, you will need to consider these points

The top 10 things in the budget that could impact Canadians, from housing costs to health care, the carbon tax and regulating crypto

Recent tax changes underlie just how complex the tax system has become

While business ownership comes with a lot of benefits, it also presents some specific challenges when saving for retirement

An FHSA only has a lifespan of 15 years with an $8,000 per year contribution limit, so if you don’t think you’ll be ready to buy a home in that time, you may want to wait to open that account

How the RRSP gross-up strategy has allowed one person to contribute more to his RRSP without having to sacrifice his current cash flow

Both inflation and taxes have the same detrimental impact on purchasing power

There could be significant tax consequences to an investor in cryptocurrencies depending on who actually owns the crypto when it’s on a CTP

Consider donating securities, or giving to charity before the end of the year, to make donations even more tax-effective

More employees may be able to claim transportation costs when they drive to the office in the wake of changing work arrangements caused by the pandemic

Joint ownership is usually a bad idea for several reasons: taxes, loss of control, exposing assets to creditors and potential legal battles

Your spouse could affect your eligibility, and other pointers if you are opening a first home savings account

Seven tax tips to consider before the end of the year