Did you know you were able to defer taking your Old Age Security past the age 65?  It really only makes sense if you working, and you stand to lose a large portion of your OAS to taxes.  If this is the situation you find yourself in, consider deferring the OAS until your income drops.  You can defer it up to the age 65.  Each month you defer it, you get a “bonus” for doing so.

Head over to Service Canada’s Q&A website for more details.

Filed under: Personal Tax by David Boese No Comments »




Submitting large files


January 7th, 2013

Attention to all clients: if you are sending me any files electronically, I encourage you to use the upload link on my website.  On the home page (www.prioritytax.ca), go to the bottom of the page and you’ll see the file upload option.  This is faster than attaching it to an email.

Filed under: Other tips by David Boese No Comments »