Category: CPABC RRSP & Tax Tips

It’s Tax Season (again)

It’s that time of the year again; tax season has begun, bringing with it a number of changes for the 2016 tax year. CPABC has compiled a series of tax tips to help you navigate the changes, save time, and

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3 Tips to leverage your RRSP

The snow and cold has occupied most of our free time so far this year; but keep in mind that there’s less than a month left to contribute to your RRSP for the 2016 tax year! March 1, 2017 is

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Estate planning: examining your alter-ego alternative

With Canada’s aging population, estate planning is more important than ever. Traditionally, an individual’s assets are distributed after a person is deceased, through a will. However, in some circumstances, a will may not be efficient from a tax perspective, or

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Tips to give yourself the gift of savings

Saving for the future may not be top of mind with the holiday season, and holiday spending, in full swing.  However, December is an advantageous time to take a break from festive splurging, and spend a moment on financial planning.

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Five Tax Tips from CPABC

With less than one week left to file your taxes, are you still trying to make sense of changes made for the 2015 tax year? CPABC has put together a series of tax tips for the 2015 tax year and here

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Three Tax Tips for New Canadians

New Canadians often have questions regarding their income tax return. CPABC has prepared three common FAQs to help new Canadians better understand their income tax filing: 1. Do I need to report my foreign property? Canadian residents are required to

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Three Tax Tips for Working Professionals in BC

Did you know you have to report your tips and gratuities as income in your tax return? Here are some tips for BC’s working professionals: 1. Is my regular income from tips and gratuities considered taxable income? Income received by

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Three Tax Tips for BC’s Self-Employed

Filing your taxes can be a complicated matter, especially if you are self-employed. Here are three tax tips that can make it easier for self-employed individuals to understand the rules: 1. Is it possible to defer a portion of my

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Three Tax Tips for Students in BC

Tax season is here, which means you could be trying to make sense of tax changes for 2015. The following tax tips address three popular questions from students regarding filing income taxes: 1. Is my scholarship tax exempt? Scholarship, fellowship,

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Three Tax Tips for BC Homeowners

Home owners can have many questions regarding income tax filings. Here are the answers to three of the most popular income taxes questions from home owners: 1. I bought a home in 2015. Do I qualify for the First-Time Home Buyers’

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