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Bio:

Tim Cestnick is president and CEO of WaterStreet Family Wealth Counsel and author of 101 Tax Secrets for Canadians.

Latest Columns:

Please your partner (and yourself) with a spousal RRSP

The contributor to the plan not only gets the deduction but an age difference can extend the period of time that you can make contributions

Make time your ally: Start saving for retirement now

There’s a definite cost to putting off RRSP or TFSA contributions

RRSP season: The ins and outs of borrowing to invest

$5,000 after tax will work a lot harder paying interest on a loan to invest in a non-registered investment account

RRSP vs. TFSA: Tim Cestnick on where to put spare dollars

Both RRSPs and TFSAs are effective, so which one should you be turning to?

Small business owners should beware the taxman's test

A small business may have to assure a court of its commercial viability before operating loss deductions will be allowed during early years

Timing is everything in foreign distance learning

Taking online courses from a non-Canadian institution can get you a tax credit if you study at least 13 consecutive weeks

Tax savings should be top of your resolution list

Ideas such as paying family members a salary from one's business or making interest deductible can make a big difference

Year-end moves that can avoid taxman’s bite

Business owners should consider seven strategies that can maximize gain and minimize pain

Why non-taxable benefits are a bit like getting a raise

Every dollar in non-taxable goodies, like on-site daycare and membership fees, is like earning $1.85 in pretax income

Year-end investment tactics to avoid taking a haircut

Ten timely tips for investors

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