Guiding you along your financial journey
We all know how challenging it can be to stay on top of ever-changing facts and figures in the field of personal finance. With that in mind, we have compiled a short list of key items to keep in mind for 2020. 2020 TFSA Limit The 2020 TFSA limit remains at $6,000, unchanged from the 2019 limit. Keep in mind […]
Question: Using a software package, I file my own taxes each year without the help of an accountant or other tax professional. I’m wondering if you have any advice for me, and if you can give me any tips? I’d like to make sure I’m being smart about taxes and taking advantage of any year end tax-saving strategies available to […]
Question: My husband and I file our own taxes each year. I’m not a tax expert, but I try to educate myself so I can lower my taxes wherever possible. Can you give me any basic advice or tips so I can make sure I’m being smart about taxes and taking advantage of any tax saving strategies available to me? […]
What can you do about those investments in your portfolio that aren’t exactly performing as you had expected? If you’re like many others, you’re probably thinking, “I’ll just hold it until it goes back up to where I bought, and then I’ll sell it.” Indeed, this seems to be a common strategy. Why? Mostly because, if we sell an investment […]
As we head into the holidays and the home stretch of 2016, now’s the perfect time to make sure you’ve covered your financial bases for year end. Here are our top tips for getting your financial house in order before the new year. Look at your capital losses. If you sold investments earlier in the year at a profit and don’t […]
Faizal Valli’s Tax Tips and Traps If you haven’t yet filed your 2015 taxes, or if you’re looking for a summary of the recently announced federal budget, check out this 30 minute podcast featuring Faizal Valli, CPA, CA. Have a tax question that wasn’t covered here? Let us know in the comments or connect with Faizal directly on LinkedIn. […]
