If you’ve never opened a TFSA, you can contribute up to $69,500 today.
The tax-free saving account lets you stash extra cash for just about anything – rainy-day savings, a new house or retirement. A TFSA lets you do this without paying any tax on the growth within the account or on withdrawals.
Still, since the government introduced the TFSA in 2009, it’s estimated that only around half of Canadians have opened one.
olgacpa # vancouveraccountant #taxtips #saving #tax free saving account
CPA BC is proud of female leaders running businesses in BC.
CPA BC recognizes inspirational leaders in it’s Annual Membership Program.
Public and private sector companies need more woman leaders. By providing choice, being open to innovative solutions, and proving greater flexibility in the workplace, balance of work and life can be supported. This will enable more woman to join the workforce and create a better work environment that places people first.
As personal taxes filed for 2018, it’s a good time to think of 2019 tax season and get ready for the next year personal tax filing. RRSP is one of the ways to invest in your retirement and optimize taxes. The notice of assessment will have RRSP deduction limit. Please make sure not to invest over RRSP limit, as that would result in additional tax on over-contributed amounts. Keep our contacts for the next tax season Olga@LCPA.ca / 604-719-5202 / www.LCPA.ca. #olgalipnitskaya #northshoreaccountant #northshoretax #taxincanada #vancouveraccountant #accountantinvancouver #filecorporatetax #filetax #tax #taxrefund #money #filebusinesstax #taxseason #cpa #taxtips #olgacpa #onlinebusiness #growyourbusiness #businessincanada #financiallyfit #supportbusiness #investment