Because the TFSA is not recognized under the Canada–U.S. tax treaty, dividends paid by U.S. companies are subject to a 15% non-recoverable withholding tax. That tax is automatically deducted by the ...

At 40, the “average” TFSA and RRSP balances are lower than most people expect, mainly because few Canadians consistently max ...

Discover how to use your TFSA effectively to grow your wealth tax-free, ensuring financial freedom in the future. The post 3 ...

If you had deposited $7,000 in your TFSA in 2006 and invested in the iShares of the S&P/TSX 60 Index Fund (TSX:XIU), it would ...

Canadian TFSA holders need to avoid these three mistakes that could attract a hefty penalty from the Canada Revenue Agency.

At 50, the TFSA “average” is a useful gut check, but catching up usually comes from consistency more than clever picks. The post Here’s the Average Canadian TFSA at Age 50 appeared first on The Motley ...

Canada's tax season starts on Monday and the energy transition is attracting big tax incentives. Retail investors need to know where the benefits actually show up.

Learn how inheriting a US IRA or 401(k) works for spouses and non-spouses, including taxes, withdrawal rules, and opportunities for tax deferral.

You could get thousands more back this tax season!

The average TFSA balance at age 30 is well below the potential limit but is also an opportunity to build serious wealth. The post What’s the Average TFSA Balance at Age 30 in Canada? appeared first on ...

After the client leaves, the rules shift. They become a non-resident, and only their Canadian-source income follows them, such as rental income from a condo they kept or Canadian company dividends.

There’s no one recipe for success,’ says expert outlining options, best practices for HR in supporting employees ...