For Canadian business owners, the Canada Small Business Capital Gains Exemption (CSBCGE for short - great acronym, I know) is one of the most valuable tax-saving opportunities. It allows small business owners to retain more of their hard-earned profits when they sell their businesses, which can significantly affect how much they walk away with after a sale. In this post, we'll break down how this exemption works, what qualifies, and how you can make the most of it.

If you’re a Canadian nearing retirement or already enjoying your golden years, you've probably heard a thing or two about the Canada Pension Plan (CPP). One topic that might seem a bit confusing at first is CPP pension splitting. What is it? Why do it? Today, we'll break it down in a way that’s easy to understand.

Yeah, I know… talking tax is about as much fun as pulling teeth. But if you’re going to invest in dividend-paying companies, it’s important to understand the tax implications so that you can make the best choices around where to put your money. Today’s post talks about how dividends are taxed in Canada.

If you have benefits through work, then you’re probably used to being able to claim medical expenses through your benefits, and getting reimbursed through your benefits provider. If you don’t have benefits, you’re probably used to thinking you’re just out of luck and out of pocket, right? ...or are you?

Benjamin Franklin famously said that there are two certainties in this life: death and taxes. But just because taxes are a certainty, doesn’t mean the amount you pay is pre-ordained. With a bit of planning, and a bit of knowledge about how Canadian investments are taxed, you can help cut down on the amount of tax you pay, and keep more of that money for yourself. Here are a few things you need to know.