An RRSP or a TFSA? Where should you contribute your money? With the RRSP contribution deadline imminent, do you know where to contribute your money? Whether to contribute to an RRSP or TFSA is a decision that many taxpayers are not sure how to resolve. We explain to our clients that an RRSP is […]
Should I Invest In A Rental Property? Some taxpayers believe that investing in a rental property is a better alternative to mainstream investing. If you are considering investing in a rental property there are some pros and cons to keep in mind. In most situations you will be required to claim the rental income earned. One […]
WHY IS IT TAKING SO LONG TO GET MY REFUND? Many taxpayers make plans for their tax refunds long before the money is received. Most of us anticipate that our refunds will typically be deposited into our bank accounts 2-3 weeks after our return is efiled. For some taxpayers filing initiates a nasty […]
Do You Understand the Benefit of a TFSA? Many Canadians still don’t understand the benefits of a TFSA. MoneySense Magazine reported that only 1 in 5 Canadians can truly explain a TFSA. This acronym stands for Tax Free Savings Account; many of us believe that the government should have more appropriately named it the Tax […]
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