Income tax deductions made simple by our expert Canadian tax lawyers

Income tax deductions made simple by our expert Canadian tax lawyers
David Rotfleisch
City: Toronto
Last visit: 3 days ago
Author's ads: 6

Posted: 2017-03-21

Description:

A tax deferral strategy is a common component of a tax plan. By deferring tax you eliminate the tax liability this year but you will have to pay the deferred income tax down the road in future years. There is a tax deduction when the contribution is made and the money is taxed in a later year when withdrawn. The taxes saved are basically a result of tax planning strategies which include maximizing deductions and credits by deferring taxes. To seek assistance you can call our expert Canadian tax lawyers at 416-367-4222 or email us at david@taxpage.com.

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