The objective of personal tax planning is to minimize or defer income taxes payable through the proper organization of your financial/taxation affairs in the most beneficial way possible within the legal confines of the Canada Income Tax Act.

The bulk of it really comes down to doing the right things at the right time and ensuring that you have the appropriate paper trail. I am aware of and have used many of the reduction opportunities available to most middle income Canadians. I will be happy to show my clients the best way to customize these tax strategies in order to legally minimize the tax you pay and maximize the amount of money in your pocket!

See Also:

TFSA Strategies

Personal Services, Services|

TFSA's have been in existence since 2009. You can contribute up to $6,000 in 2021 and the maximum amount that you can contribute since its inception is $75,000. Have you considered putting money [...]