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Are Any Action Taken Against The

28 million tax returns were filed by taxpayers of Canada in 2013. Nearly half of these returns were filed electronically using software that is commonly used by tax preparers. Tax preparers are the professionals who file returns on behalf of

New PRPP Scheme v/s the RRSP Ret

Millions of Canadians depend on their RRSPs for their retirement savings, as it is the most popular investment tool. However, there are many other saving options as well. The latest saving vehicle launched by the government is called PRPP or

Why Should You Not Miss The 401k

Ever since it was introduced way back in the year 1980, 401k has become the most popular and preferred retirement saving plan of employees across the country. Employees contribute to their 401k to create a fund for their retirement. There

Guide For Canadian Immigrants: P

You are taking a very important decision when you are planning to buy a property in a foreign country. Rules and regulations governing the purchase of property in a foreign country may be very different from what they are in

Your investment options with TFS

Most people in Canada have a Tax Free Savings Account (popularly called TFSA) as they want to save as much as possible on their taxes. However, a vast majority of people operate it as a savings account only, parking their

Is your retirement round the cor

Not less than 75 million of the Canadians would be retiring in another decade’s time. And therefore, the entire economic planning of the country would get affected accordingly. There would be many who might getting worried about their retirement, there

Are you close to retirement? Get

When you are close to retirement, it’s time for you to have a mixed kind of feelings. You may feel nervous, may be a little excited and may also find it difficult to cope with the entire affair. Maintain a

Small Business Owners can plan t

A study shows that as many as 500,000 people in Canada, would be retiring in another five years’ time in the country. More than 700,000 would be retiring by 2020. By 2022, business worth of $3.7 trillion would see a

Over contribution to TFSA could

Since inception of TFSA in 2009 there have been millions of people who have opened this account and are making contributions regularly. TFSA gives you the option of contributing a certain amount, if you don’t make so; the remaining amount

Plan about RRSP and RRIF for a b

When you think of retirement the first thing that could be concerning for you is the availability of income to meet out the basic expenditures of life. For the whole of your life you have been earning and have been