Tax News

Canadians baffled by TFSAs

It's been almost three years since the Federal Government introduced Tax-Free Savings Accounts (TFSAs), but a new survey from ING DIRECT reveals the majority of Canadians are still unclear about them. Those surveyed indicated they have a vague idea (37%) or don't understand how the TFSA works (14%), while 13% of Canadians said they don't know what a TFSA is.

By Staff |October 3, 2011

2 min read

Preparation doesn’t pay

Can’t write off expenses related to exploring pre-business activity

October 1, 2011

3 min read

No shortcuts when calculating RSUs

For most employees, the taxation of their employment income is straightforward, since their income is mainly comprised of salary and bonuses.

By Robert Mendenhall |October 1, 2011

5 min read

Turn losses into lemonade

Investment advisors generally don’t aim to generate capital losses. That said, strategically realizing capital losses and using them to a client’s advantage can be a prudent approach.

By Jason Heath |September 29, 2011

3 min read