Things to keep in mind when doing your taxes in 2016

 

One of the first things the Liberals did after coming into power is lowering the TFSA limit to the previous level, so be sure you're cognisant of it if you've already hit your contribution limit. 

The other item to be aware of are those that are in the tax brackets that will be affected by the new tax rates. These are but a few reasons to keep in mind when doing your taxes. Not to mention the sooner you get them done, the less stress you'll feel, and if you are entitled to a refund, the faster you'll get your money! 

Don't procrastinate on doing your taxes in the New Year