Tag: TFSA

Small Business Tax Strategies – Reduce Income Tax (2020)

There are many ways for small businesses to legally reduce their income taxes in Canada. This guide offers some of the top strategies to lower your taxes and keep more money in your business. ARTICLE TABLE OF CONTENTS Always Collect Receipts Manage RRSP and… Continue Reading “Small Business Tax Strategies – Reduce Income Tax (2020)”

Tax-Free Savings Account (TFSA)

Pay now, party later TFSA is short for Tax-Free Saving Account. The name is slightly misleading because a TFSA is really an investment account that can hold all the same types of investments as an RRSP. Why you should have one With a TFSA,… Continue Reading “Tax-Free Savings Account (TFSA)”