Living together and living better
(NC)― Are you thinking about moving in together? This decision might be an opportunity to improve your financial situation by combining your income and expenses and doing some long-term planning. Advantages of a relationship Being a couple is bound to have an impact on your income and expenses. Living under the same roof is much [...]
Be an informed donor—Avoid tax shelter gifting arrangements
(NC)—Despite numerous warnings from the Canada Revenue Agency (CRA), some Canadian taxpayers and registered charities continue to participate in tax shelter gifting arrangements. Donors as well as charities should be wary of promoters who encourage donating to a charity through a tax shelter gifting arrangement. What is a tax shelter gifting arrangement? A tax shelter [...]