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OAS Clawback 2025: What Retirees Need to Know About the Recovery Tax

OAS Clawback 2025: What Retirees Need to Know About the Recovery Tax

by Wilmot Financial | Jul 4, 2025 | 2025, Blog, investment, pension plan, retirees, Retirement

OAS Clawback 2025If you’ve worked hard to build your retirement income, the last thing you want is to see your government benefits clawed back. Yet for many Canadians, the Old Age Security (OAS) recovery tax—commonly called the OAS clawback—can quietly reduce this...
Tax Tips for Filing Your 2024 Income Tax Return

Tax Tips for Filing Your 2024 Income Tax Return

by Wilmot Financial | Mar 31, 2025 | 2025, Blog, financial advice, incorporated professionals, Individuals, investment, pension plan, personal finances, Professionals, tax

The deadline for filing your 2024 income tax return is April 30, 2025. Stay informed about the latest tax changes and benefits available to maximize your savings and ensure compliance. This guide outlines the key updates and important deductions and credits separated...

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