TFSA’s and the Law.

by Jamie Golombek, October 25, 2019 Woman who used swaps to run TFSA up to $200K from $5K in one year suffers triple loss in court appeal. by Jamie Golombek, October 25, 2019 Most Canadians use TFSAs as intended — as general-purpose savings or investment vehicles to grow funds, tax-free, for future use. And, unlike […]

The Mysticism of Income Tax Refunds

The Mysticism of Income Tax Refunds   Every taxpayer hopes for a tax refund. We explain to our clients that an income tax refund most often,  is simply a return of your own money. For employees, your employer is obligated to remit income tax to CRA from each and every paycheque. Employers must follow payroll tables […]