Tax season is beginning and that means British Columbians are trying to make sense of tax changes and how to handle their RRSPs.
To help, the Chartered Accountants of BC have put together a list of handy RRSP and tax tips. This annual tip list is based on the latest RRSP and tax information.
This year's tips fall under the following 12 categories:
What's New for the 2012 Tax Year?
RRSP Matters
Investment Income, Gains and Losses
Employment Income, Deductions and Credits
Rest Estate Matters
Students and Education
Family Matters
Tax Matters for the Incorporated and Self-Employed
Retirement
Medical, Donation, and Other Tax Credits
Special Savings Plans
Filing Matters.
The RRSP and tax tips are available at www.rrspandtaxtips.com.