The Canadian Tax Resource Blog has a host of personal finance and tax related articles on a variety of topics. The Tax and Personal Finance Guide is a source book for information and is organized around major topics, such as RRSP’s, TFSA’s, financial planning, and small business.
This guide contains most of the major sections of this site, but is not exhaustive. If you don’t see what you are looking for, try the search box in the right hand column.
If you have a suggestion for an article or topic, please feel free to write, or leave a comment below.
Guide & Articles
The Ultimate RRSP Guide- Registered Retirement Savings Plans (RRSP’s) have been a popular way for Canadians to save for their retirement since 1957. The RRSP guide, contains a number of articles on a variety of topics to answer your RRSP questions.
TFSA Articles – The Tax Free Savings Account (TFSA) was launched in 2009 as a tax-free way to save for their retirement or for other purposes. Over the last few years, many questions have been asked about the TFSA. Here are some of the most popular:
- How do TFSA contributions work? – There are limit to how much you can contribute to a TFSA. Knowing the rules can help save you in penalty taxes.
- What investments can I hold in my TFSA? – The investments you can hold in your TFSA are the same as those you can hold in your RRSP. This article has the list!
- The TFSA & estate planning – What happens to your TFSA when you die? A little simple planning can help reduce the tax bill for your loved ones.
Income Splitting Guide – Families have an opportunity to lower their overall income tax bill by shifting income from one family member to another. The strategy, know as income splitting, is effective: But you must know the rules and pitfalls. This guide has everything you need to know.
Personal Financial Planning – How do you create your financial plan and build your wealth? The personal financial planning section of CTR contains a number of articles to help you. If you want to read more about personal finance tips, check out the personal finance section.
Real Estate Guide – Should you invest in real estate? What happens if you sell your home? What happens if you rent? The real estate guide contains all of our articles about real estate including your family home, rental property and vacation properties.
Small Business Articles – Topics for business owners. This section contains information on shareholder loans, corporations, HST, tax deductions and more.
Investment Tax Guide – Taxes are an important consideration when you make investment decisions but should be the only driving factor that affects your investment decision. The investment guide answers many of your tax questions.
Estate Planning – Making sure your affairs are in order for your loved one is important. No one wants to leave a mess behind after they die, and our estate planning section can show you some of the pitfalls to avoid.