If you've never owned your own home, this might interest you. How about a great new way to save for your first home? The Government of Canada will soon be offering a new way for you to save money, tax-free, towards your first home purchase. Starting on ...
Find out how to ensure your RRSP goes to your loved ones.
Monday, January 3, 2022
Do you know what happens to an RRSP when someone dies? You would assume that your investments like RRSPs would go to your spouse after your death. However, you need to ensure this is the case when it comes to the laws in your province.RRSPs that are still ...
Are you registered for the CRA's MyAccount?The Canada Revenue Agency's My Account is a secure portal that lets you view your personal income tax and benefit information, as well as manage your tax affairs online.It's available 21 hours a day, 7 days a ...
Are you curious what the Federal Budget looks like? Download this informative pdf to learn what benefits or claims will affect you. It outlines how to handle COVID-19 benefits and deductions, as well as changes to the tax claims for 2021. Some of ...
How would you like a little bit extra money in your retirement fund? If you're able to defer your CPP and OAS benefits until age 70, your payments will increase? The standard rule of thumb would be to start receiving CPP as soon as you are eligible, at ...
Some benefits individuals and businesses may qualify for, to help get through the Covid-19 pandemic. CANADA EMERGENCY BUSINESS ACCOUNT (CEBA) If you own a business, look into whether you can apply for CEBA. It is an interest-free loan available to ...
Starting early can help children understand the value of money.
Tuesday, August 11, 2020
Teach your kids how to handle their money If you're a parent, you'll want your children to live happy and healthy lives. Being financially independent is an important aspect of that. Teach them good habits when they're young, ...
This blog post is from TaxCycle Blog and can be found at the following link: I included it here to share the useful information, as I am very happy TaxCycle user.Hope everyone is staying warm out there. Mel by Elizabeth (Trilogy Software) on Monday, ...
I have been asked this question a few times and usually the first thing I say is..."You are not alone and I can help."This problem is actually more common than you are led to believe it is.While it may seem like it's the end of the world, it really isn't ...