Tax Planning with the TFSA
January 12, 2020Tax Planning with the TFSA In this part 3 of our TFSA series, we will look at legitimate tax planning strategies that allow you to make the most of your
TFSA Part 2: CRA’s Anti Avoidance Rules for Preventing Unfair and Aggressive Use of a TFSA
January 12, 2020CRA’s Anti Avoidance Rules for Preventing Unfair and Aggressive Use of a TFSA In TFSA part 1, we looked at penalties for making over-contributions beyond the allowable yearly limit to
ABIL: Allowable Business Investment Loss (ABIL) Deduction – How to recoup your investment losses
January 12, 2020ABIL: How to recoup your investment losses using the Allowable Business Investment Loss Deduction You’ve heard of the expression, “It seemed like a good idea at the time.” Unfortunately, you’ve
TFSA Part 1: Tax Penalties on Over-Contributions and Contributions While a Non-Resident of Canada
January 12, 2020When do you have to pay tax on your TFSA account? The Tax-Free Savings Account (TFSA), which began in 2009, is a way for individuals who are 18 and older and
Self Employment & CPP: How does the CPP Enhancement Rules Affect You
January 12, 2020Self Employment & CPP: How does the CPP Enhancement Rules Affect You Per Statistics Canada, the self-employed made up 15% of the Canadian workforce in 2018. Of these, 46% operated
Tax Laws & Partnerships: How You Structure Your Business Matters
January 12, 2020Tax Laws & Partnerships: How You Structure Your Business Matters Are you in a partnership and wondering whether the obligation to pay taxes falls on the individual, i.e. the partner,
