Beware of schemes that promise you a 100% tax deduction

Beware of schemes that promise you a 100% tax deduction through buying tax losses. See http://tinyurl.com/Beware-unorthodox-tax-shelters

 

A scheme to save 100 percent of income tax? No thanks | Canadian Capitalist

www.canadiancapitalist.com

Larry MacDonald wrote a post today on a scheme to reduce up to 100 percent of your income tax. The scheme purportedly involves purchasing tax losses from R&D

Good-bye to the Canada Savings Bond

Say Good-bye to the Canada Savings Bond: http://tinyurl.com/Canada-Savings-Bonds-the-end

 

The long slow death of the Canada Savings Bond

www.theglobeandmail.com

With the rock-bottom interest rates on offer, the once-loved investment has lost its allure

Tax changes as a result of the new budget

Tax changes as a result of the new budget by the federal government in Canada: http://tinyurl.com/Proposed-Tax-changes

 

Eight tax changes you should know about

www.theglobeandmail.com

Highlights of the 2011 budget’s new credits, including programs for families and students, and the loopholes it closes

Do you have a child who is disabled?

Do you have a child who is disabled? Take advantage of the tax sheltered plan: http://tinyurl.com/Registered-Disability-Savings

The Registered Disability Savings Plan | MoneySense

www.moneysense.ca

Have a child who is disabled? Wondering how to shelter some money so your child has a stash of cash available later? The RDSP lets you grow money - tax-free - until it is needed.

New tax credit proposed for seniors

New tax credit proposed for seniors who keep fit: http://tinyurl.com/Get-fit-save-taxes

 

 

OGA - Ontario Gerontology Association

www.gerontario.org

By email: at info@gerontario.org

By phone at 416-535-6034 

By fax: 416-535-6907

By mail at 351 Christie St., suite C216 Toronto ON M6G 3C3

Good tax planning can save you money

Good tax planning can save you money. See http://www.getsmarteraboutmoney.ca/managing-your-money/planning/tax-planning/Pages/default.aspx

Tax planning | Investor Education Fund

www.getsmarteraboutmoney.ca

Here you will find what you need to know to take advantage of the tax deductions and credits to which you are entitled and lower the amount of tax you pay.