Overcontributions to tax-free savings accounts (TFSA) continue to be a big problem for thousands of Canadians, as well as a source of increasing tax revenue for the Canada Revenue Agency (CRA) as it ...
The rise of the TFSA has pretty much killed RRSP season. You can contribute to a registered retirement savings plan in the first 60 days of the year and have it count toward the previous year’s taxes.
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