CRA Warning: Watch out for self-directed RRSP tax schemes

Author: FILETAXHERE INC. | | Categories: Accounting Services , Bookkeeping Services , Business Tax Filing , Income Tax Services , Payroll Services , Personal Tax Returns , Tax Credit , Tax Filing , Tax Firm , Tax Preparation , Tax Preparer , Tax Refund

The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can make withdrawals without paying taxes from their self-directed Registered Retirement Savings Plan (RRSP).

Learn more here:

https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2019/warning-watch-self-directed-rrsp.html?fbclid=IwAR2LeNWLq5a7QzRkmLNZ4KDDePIhcDVCdPebYORtzQOdXtHiTjm56Wm5j2g



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