Taxes

Capital gains tax break for investing in Canada is a big idea that makes sense

Kim Moody: Canada needs bold ideas right now, not increased spending that is fiscal laziness dressed up as leadership https://financialpost.com/personal-finance/capital-gains-tax-break-for-investing-in-canada-is-a-big-idea-that-makes-sense #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Capital gains tax break for investing in Canada is a big idea that makes sense Read More »

CRA demands arrears interest on donation tax shelter bought by ex-husband

Jamie Golombek: Recent court case an important reminder to make sure you’re comfortable with anything you claim on your return https://financialpost.com/personal-finance/taxes/cra-arrears-interest-donation-tax-shelter #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA demands arrears interest on donation tax shelter bought by ex-husband Read More »

Here’s what the Conservative savings plan for seniors means for older Canadians

Conservatives say they would allow working seniors to earn as much as $34,000 a year without paying income tax https://financialpost.com/personal-finance/retirement/conservative-savings-plan-seniors-older-canadians #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Here’s what the Conservative savings plan for seniors means for older Canadians Read More »

10 tax-related policies to watch for during the election that would help Canada win

Kim Moody: If you liked Trudeau’s tax-and-spend, debt-fuelled approach, you’ll love Carney’s because it’s more of the same https://financialpost.com/personal-finance/10-tax-related-policies-to-watch-for-during-the-election-that-would-help-canada-win #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA can collect tax debt from spouses under certain circumstances

Jamie Golombek: A recent tax case deemed a wife liable for the tax debt of her husband under the joint liability rule https://financialpost.com/personal-finance/taxes/cra-can-collect-tax-debt-spouses #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA can collect tax debt from spouses under certain circumstances Read More »

Five ways to make sure we don’t have another debacle during tax filing season

Kim Moody: The CRA can’t handle all the confusion and delays about the capital gains changes https://financialpost.com/personal-finance/five-ways-to-make-sure-we-dont-have-another-debacle-during-tax-filing-season #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Five ways to make sure we don’t have another debacle during tax filing season Read More »

CRA’s ‘stupid mistake’ compels taxpayer to pay taxes on an extra ,258

CRA’s ‘stupid mistake’ compels taxpayer to pay taxes on an extra $53,258

Jamie Golombek: Tax Court case illustrates the importance of tracking every tax slip https://financialpost.com/personal-finance/taxes/cra-stupid-mistake-compels-taxpayer-pay-taxes-extra-income #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA’s ‘stupid mistake’ compels taxpayer to pay taxes on an extra $53,258 Read More »

FP Answers: How is a coin collection taxed when the coins are sold?

Gordon inherited his dad’s coin collection and sold several $100 ones but doesn’t know how to calculate the capital gains https://financialpost.com/fp-answers/fp-answers-how-is-a-coin-collection-taxed-when-the-coins-are-sold #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

FP Answers: How is a coin collection taxed when the coins are sold? Read More »

Carney’s accounting trick should not fool anyone that the future will be rosier

Kim Moody: Governments aren’t balancing finances by separating expense and capital budgets https://financialpost.com/personal-finance/carneys-accounting-trick-should-not-fool-anyone-that-the-future-will-be-rosier #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Carney’s accounting trick should not fool anyone that the future will be rosier Read More »

CRA wins case against remote worker who claimed ,000 in moving expenses

CRA wins case against remote worker who claimed $67,000 in moving expenses

Jamie Golombek: You can claim these expenses if you work at home but for professional not personal reasons https://financialpost.com/personal-finance/taxes/cra-wins-against-remote-worker-claiming-moving-expenses #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

CRA wins case against remote worker who claimed $67,000 in moving expenses Read More »

Forget income tax: Here are 25 other ways bloated governments hurt your pocketbook

Kim Moody: Some of these charges are obvious, but many are buried in the fine print of daily life, quietly draining wallets https://financialpost.com/personal-finance/taxes/25-ways-bloated-governments-hurt-your-pocketbook #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Forget income tax: Here are 25 other ways bloated governments hurt your pocketbook Read More »

Jamie Golombek: Tax season starts today. Here’s what you need to know

From deadlines to capital gains and CPP, here are the key pieces of information to fulfill your CRA obligations https://financialpost.com/personal-finance/taxes/jamie-golombek-tax-season-monday #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Jamie Golombek: Tax season starts today. Here’s what you need to know Read More »

Charitable securities donation might be the most tax-effective way to give

‘You’re getting a donation receipt and you’re paying no tax on those gains,’ says tax expert Jamie Golombek https://financialpost.com/personal-finance/taxes/securities-donation-tax-effective-charity #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Charitable securities donation might be the most tax-effective way to give Read More »

Jamie Golombek: Tax season starts Monday. Here’s what you need to know

Jamie Golombek: Tax season starts Monday. Here’s what you need to know Read More »

Liberals have made our tax system complex, inefficient and heavy

Moody: Canada’s taxation system has become a giant income and wealth redistribution scheme designed to achieve political goals https://financialpost.com/personal-finance/liberals-tax-system-complex-inefficient #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Liberals have made our tax system complex, inefficient and heavy Read More »

Why the complicated form when the capital gains tax stayed the same for 2024?

Jamie Golombek: CRA may have investors, accountants and taxpayers scratching their heads with four-page form https://financialpost.com/personal-finance/taxes/why-complicated-tax-form-when-capital-gains-unchanged #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Why the complicated form when the capital gains tax stayed the same for 2024? Read More »

Canadians and their governments seem to have forgotten that the more you learn, the more you earn

‘The No. 1 problem in today’s generation and economy is the lack of financial literacy’ https://financialpost.com/personal-finance/more-you-learn-more-you-earn #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Canadians and their governments seem to have forgotten that the more you learn, the more you earn Read More »

Tax Cuts for the Middle Class and Retirees: A Win for Your Wallet

On February 6, 2025, the White House announced a series of tax cuts primarily benefitting the middle class and retirees. Here’s what’s on the table: The administration is calling this the largest tax cut in history for working Americans, and with Republicans in control of Congress, these proposals are likely to move forward. Tax Cuts Means Greater Financial Freedom

Tax Cuts for the Middle Class and Retirees: A Win for Your Wallet Read More »

Beneficiaries: beware of what can go wrong if someone with a TFSA dies

Jamie Golombek: A recent tax case illustrates the consequences of handling the deceased’s funds incorrectly https://financialpost.com/personal-finance/taxes/beneficiaries-go-wrong-someone-with-tfsa-dies #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

Beneficiaries: beware of what can go wrong if someone with a TFSA dies Read More »

The capital gains mess may be over, but the effects of poor tax policies linger on

There are a number of reasons why the capital gains proposals were toxic https://financialpost.com/personal-finance/taxes/capital-gains-mess-over-effects-tax-policies-linger #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

The capital gains mess may be over, but the effects of poor tax policies linger on Read More »

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