Someone once said that the only sure things are death and taxes. Sometimes, those come together. When you die, you still owe taxes for the year of your death. You could also owe back taxes, and Canada Revenue Agency will not forgive them because the person has died....
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Tax time
With tax time coming up shortly here in Canada, I thought I would revisit a topic: when do you have to pay HST on a house? The short answer: always, unless there is an exemption. One major exemption is for resale homes; as long as it has been used for residential...