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 ...

SANFORD, Fla. — After three decades, the Sanford Community Redevelopment Agency is coming to an end. It was started in 1995 to redevelop downtown, but a CRA cannot last more than 30 years in Florida.

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

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.

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

In a choppy market, the biggest TFSA danger isn’t the downturn, it’s selling too soon and missing the rebound. The post The 1 Mistake TFSA Investors Make When Markets Get Choppy appeared first on The ...

Retirees and other dividend investors are searching for top Canadian stocks to add to their self-directed Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) portfolios ...

You’ve only got a bit of time before the contribution deadline for Registered Retirement Savings Plans (RRSPs). Here’s a ...

Canada's RRSP deadline is coming up fast, and if you want to boost your tax refund this year, there's still time to make one last big move. The RRSP deadline for 2025 is only a few weeks away, and ...

In November 2023 the CRA denied the taxpayer’s request. The CRA’s explanatory letter stated that the arrears interest it charged was correctly applied because the balance due on the taxpayer’s return ...

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.