Singh v. Canada: A Canadian Tax Lawyer’s Observations On TFSA Penalties – Tax Authorities

Singh v. Canada: A Canadian Tax Lawyer’s Observations On TFSA Penalties – Tax Authorities

INTRODUCTION – TAX PENALTY AND INTEREST RELIEF FOR OVERCONTRIBUTIONS TO A TFSA As of 2009, Canadian tax residents over 18 years old have been entitled to establish a tax-free savings account (“TFSA”). Unlike a Registered Retirement Savings Plan (“RRSP”), you are not entitled to deduct your contributions to a TFSA against your income. In turn,…

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5 Questions To Ask Candidates When Hiring A Personal Injury Lawyer | Featured

5 Questions To Ask Candidates When Hiring A Personal Injury Lawyer | Featured

  Having wounded thanks to someone else’s negligence and misconduct can truly feel unfair, primarily in the experience of growing medical expenditures and struggling. In these a circumstance, seeking lawful enable for payment could be the only resort for obtaining justice.    But with various corporations out there proclaiming to be the best, obtaining the…

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