Tax-Free Savings Account (TFSA)

 January 19, 2023 |Charles W. Cullen III
At the start of each year, we contact our clients to let them know that they now have additional Tax-Free Savings Account (TFSA) room. For 2023, the annual amount increased to $6,500. To learn more about TFSAs or how a TFSA complements existing savings...
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Prescribed Rate Loan Annual Interest Payments due by January 30th

 January 12, 2023 |Charles W. Cullen III
Prescribed Rate Loans can be a very effective strategy to transfer portfolio earnings from a higher earning spouse to a lower earning spouse. There are material penalties if the interest payment is missed by the deadline, which is January 30th of the...
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Early 2023 Tax Tips

 January 05, 2023 |Charles W. Cullen III
Start the year off right and make sure you know important tax related deadlines. For more information or to discuss the tax tips in more detail, please reach out. Click Here
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