tax savings

An RRSP loan may be a good idea, but read more to find out. March 1st, 2019 is the deadline for RRSP contributions. While retirement planning may not be at the top of your list—especially if … Read More

More than nine million Canadians have already filed their tax returns, according to recent statistics from the Canada Revenue Agency (CRA). As of April 2, the average refund amount per tax return was $1,620. While many people … Read More

Taxes are a fact of life, but there are ways to reduce the amount you pay every year.

Raising a family is not for the financially faint of heart. There are extra mouths to feed, little minds to educate and bored teenagers to entertain. The financial commitments add up and cam get expensive very … Read More

There are many benefits to having an RRSP. Saving for retirement is often the main reason why most people get an RRSP but they can also be used for other purposes.

Although the TFSA contribution limit was reduced by nearly half this year, it doesn’t mean you shouldn’t consider having this type of savings vehicle.

Filing your taxes can seem like a daunting task but it doesn’t have to be. The hardest part is knowing what you’re eligible to deduct and claim for credits on your return. There are many tax-saving … Read More

I have a confession: I hate doing my taxes. Whenever the new year rolls around, most people get excited as it’s a fresh start. But for me, fear slowly creeps in as I know tax season … Read More

The clock’s ticking. To be eligible for an RRSP deduction for the 2015 tax year, you have until 11:59 p.m. (local time) tonight to make a contribution. Before rushing to your nearest financial institution in order … Read More

Taxes are a certainty in life. As the end of the year approaches, now’s the time to look at some strategies to minimize the amount of taxes you have pay.