Canadian TAX Guide - Do This BEFORE Dec 31 - Canadian Tax Tips (2024)

What are the MUST-DO steps to take before the end of the Year? What Tax Deadlines matter most? Do this BEFORE December 31, 2024. Make the most of December to start the new year on the right foot! I’ll break down the important deadlines for the FHSA, RESP, TFSA and RRSP and other tax saving strategies. Timing is important when it comes to tax planning so don’t put it off! CANADIAN TAX GUIDE - Playlist 🇨🇦 https://youtube.com/playlist?list=PLj8bU3AuW2qEA_ik7NOAIkBY02nt7KAPj YEAR-END Tax Saving Tips 👇 https://youtu.be/xLXup5L-S2Q TFSA vs RRSP vs FHSA vs RESP 🇨🇦 https://youtu.be/11y_oV3jOU4 MOOMOO REFERRAL 🇨🇦 Sign up with my custom referral link to get up to a $300 bonus, $2000 in commission rebates and 6% interest! 👇 https://start.moomoo.com/01JZWQ **Correction: the Transfer bonus and Deposit bonus are separate actions **In order to receive $500 you would need a $5K deposit AND a $10K transfer Plus combine these with a Transfer bonus up to $2300 👆 Watch my 20 minute review of Moomoo down below 📈 https://youtu.be/XDLZqGUpqxE FHSA Explained - Buy First Home 🏠 https://youtu.be/l-vFR14I12k RESP Explained - Child’s Education 📚 https://www.youtube.com/playlist?list=PLj8bU3AuW2qEAKd33FNOdPy6TVe239RtA RRSP Guide - Retirement 💰 https://www.youtube.com/playlist?list=PLj8bU3AuW2qHOikk4VRpSDXCZTuH7eUhz QUESTRADE REFERRAL 🇨🇦 Use my referral link to get $50 of COMMISSION-FREE Trade Rebates for the first 30 days!👇 https://www.questrade.com/affiliate-offer-sdi?irsharedid=Canadian%20in%20a%20T-Shirt&oaa_promo=CANADIANTSHIRT You can also manually enter my offer code: CANADIANTSHIRT WEALTHSIMPLE TRADE REFERRAL 💰 Join Wealthsimple and get a bonus of $25 👇 You can also manually enter my referral code: P0A-UQ https://wealthsimple.com/invite/P0A-UQ Best SAVINGS ACCOUNT in 2025 - EQ BANK  🏦 Your emergency fund should be in a High Interest Savings Account and the best one in Canada right now is EQ Bank which offers up to 3.5% interest with no monthly fees and no minimum balance! Use my referral link below to sign up 👇 https://click.linksynergy.com/fs-bin/click?id=G4zxVqAvD18&offerid=1115263.5&type=3&subid=0 BLOSSOM SOCIAL 🌸🇨🇦 Follow me on Blossom to see my Portfolio & Trades for FREE 👇 https://getblossom.onelink.me/SOfu/adrian LOYALTY MEMBERSHIP ✨ Click the JOIN button or the link below to gain access to my exclusive content to see my full portfolio and what stocks I’m buying every month! 👇 https://youtube.com/c/CanadianinaTShirt/join Thank you guys for supporting my channel, you’re the best! 🙏 SKIP AHEAD ⏩ -Intro: 0:00 -FHSA: 0:38 -Misconception - Unused Room: 2:35 -RESP: 3:35 -TFSA: 5:00 -RRSP: 6:16 -Moomoo: 7:11 -Year-End Tax Tips: 7:56 WATCH NEXT  ▶️ -TFSA vs RRSP vs FHSA vs RESP - https://youtu.be/11y_oV3jOU4 -How to Buy Stocks in Canada - https://youtu.be/_V2yBWwOZX4 -How Taxes Work in Canada - https://youtu.be/GShKBkv2xY8 -TFSA Mistakes - https://youtu.be/s4cBibLATOU -Year-End Tax Saving Tips - https://youtu.be/xLXup5L-S2Q -How to File Taxes in Canada - https://youtu.be/4RxkNa2VjtU -How to Build Wealth - https://youtu.be/L10wfYl3_Qs -RRSP Mistakes - https://youtu.be/I8k95_R_L_Q -Best Credit Cards in Canada - https://youtu.be/KAHrH06BaVQ -Pay Stub Explained in Canada - https://youtu.be/uFg3tDxmqiE -2025 Tax Changes - https://youtu.be/lQ9k_0SnYKE Be sure to subscribe to my channel for more videos on investing, Canadian taxes, personal finance and money saving strategies =) FOLLOW ME HERE: 👋 FACEBOOK: https://www.facebook.com/CanadianTShirt INSTAGRAM: https://www.instagram.com/canadiantshirt TWITTER: https://twitter.com/CanadianShirt FINANCIAL EDUCATION BOOKS 📚 -Wealthy Barber Returns - https://amzn.to/2MJ9cIe -How to Adult Money Canada Version - https://amzn.to/2F717ZT -Beat the Bank: Canadian Guide - https://amzn.to/37uqe54 -Intelligent Investor - https://amzn.to/3qoI5nV CAMERA GEAR  📸 -4K Camera - https://amzn.to/3aSHWEg -HD Camera - https://amzn.to/3puBZkT -LED Ring Light - https://amzn.to/2MKLDyC -Microphone - https://amzn.to/3aRdXMN DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decision! I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me. DISCLAIMER: Links included in this description may contain affiliate links.   I will only ever suggest services or products that I use myself and I personally believe in. If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you! Thank you for supporting The Canadian in a T-Shirt! =) #CanadianTaxes #TFSA #FHSA #RRSP #CanadianTaxGuide #CRA #CanadianFinance #RESP