Are Executor Fees Taxable?

If you have been named as an Executor, you are most likely a family member, friend, or trusted advisor to the deceased. It may be your first time acting as Executor or maybe you have fulfilled this role several times over the years. If this is your first time, then I hope you are not […]

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Tax Free Savings Account (TFSA)

The TFSA was introduced in the 2008 Federal Budget as an investment option for Canadian residents 18 years of age and older, whereby the income earned on the contributions are not taxed.  The TFSA differs from RRSPs in that a RRSP allows you to deduct the amount contributed from your taxable income, and the investments in your […]

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2014 Federal Budget

Finance Minister Jim Flaherty tabled his 2014 Federal Budget in the House of Commons on February 11. We have posted for you the highlights and attached InfoBudget 2014 the commentary and analysis of the budget as provided by CGA-Canada. Budget Overview Government is on track to return to a balanced budget in 2015 Expects a surplus in […]

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