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Category Archive for: ‘Taxation’

12 TFSA Considerations for Canadians

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In the spirit of making last-minute financial plans, here is a bullet list of 12 TFSA considerations for Canadians. While an RRSP is primarily used for retirement savings, a TFSA offers more liquidity for different financial choices over and above retirement. You might be surprised to learn that everything you thought you knew about RRSPs and TFSAs isn’t as complicated …

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2012 Year-End Tax Tips

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Canadians have less than a month to take advantage of year-end tax savings. Here are five of the most overlooked year-end tax tips for 2012. Donate to your favorite charity:  December 31 is the last day to make a donation and obtain a tax receipt for 2012.  Many charities offer the ability to donate online with instant tax receipts.  Once …

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