Overcontributing To Your RRSP Can Be An Expensive Mistake

Overcontributing To Your RRSP Can Be An Expensive Mistake     An RRSP is one of the best investment tools that many Canadians use to save for their retirement. Saving  for your retirement also allows for a deduction on your tax return that provides you with tax savings. There are strict rules surrounding the RRSP contribution […]

CRA is Reviewing Your Tax Return, Now What?

The Canada Revenue Agency (CRA) is Reviewing Your Tax Return, Now What?   You filed your tax return and are relieved that the initial pain is over. Now, months later you have received a letter, that you can barely decipher, asking for supporting documentation. Now what? Firstly, keep calm. CRA inquires about the returns of over […]