Filing Your Return: Things to know for your 2017 & 2018 taxes
The Tax-Free Savings Account, or TFSA, was first introduced to Canadians in 2008, to come into effect January 1, 2009. The maximum contribution limit was $5000. The account was a way for the Canadian government at the time to encourage personal savings, tax favoured, but without the same restrictions of the RRSP. But what is […]
Budget Season 2015 – Did you miss it?
As we approach the tax filing time of year, here are some things that should be on your radar when preparing your return, or gathering your necessary details for your tax professional. As always, check with your tax professional or Canada Revenue Agency for full details. Ready… Set… GO! What’s out in 2017 The phase […]
The week of April 20th, 2015 was a busy one for our federal and provincial Ministers of Finance as both Canada and Ontario revealed their 2015 proposed budgets to the public. There was some hooplah, some shock and awe at the proposed sale of a part of Hydro One and other Ontario government assets to […]