Topic: Income

Tax-Free Savings Accounts, or TFSAs, are a fairly recent addition to the Canadian tax ecosystem. First made available to Canadians in 2008, the TFSA is a way for the average citizen to protect a portion of their savings from income…

Once you’ve incorporated your business, you may wonder what the best way to pay yourself is. After all, being able to take money out of the corporation is one of the primary reasons to operate a business. The end-goal of…