Blog posts tagged in tax savings
The tax filing season has come and gone and now is the perfect time to start your tax planning. If you are one of the many Canadians who think have paid too much tax, then it is time to focus on saving tax which will put more cash flow into your business and your own pocket. And the first step to saving tax is Tax Planning! To help you take that first step, let us revisit the basics of tax planning. 1. If you fail to plan, you are planning to fail! Planning is a MUST to business and personal success. ...
CRA targets RRSP Strips. RRSP schemes are not rare but this particular scheme can greatly affect your retirement savings. Be skeptical of schemes that seem too good to be true.