Toronto Seniors and Their Tax Matters
Getting to the age of retirement is something most people look forward to. It is supposed to be the time where you now get to do what you want to do. In many cases a lot of people have gone without a lot of things just so they would have a nice little sum of money to rely on so they can live comfortably. Others have made investments into things like RRSP’s, or pension plans. Now they are finding that there are tax implications that could be affecting their senior income generated from their Old Age Pension, Canada Pension Plan as well as their additional pension plans. This all creates the need for using a tax accountant that offers personal tax services to help keep you on track, especially if you are a senior with additional income.