Too good to be true?
Avoid financial propositions that seem too good to be true. For example, donations that should allow you to receive more than the actual donation itself! Or, RESP contributions that shouldn’t cost you a thing, or almost! These techniques are often the result of a number of manipulations, and even if it goes through in your declaration, it doesn’t mean that the government won’t come back in a few years to claim its dues! When that day comes, it will hurt!
Obviously, these simple tips are mainly destined to people with an income and not to entrepreneurs or self-employed individuals. Don’t hesitate to consult a specialist to get a realistic view on your personal financial situation!
