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Stockreport

3 TFSA Mistakes the CRA Is Actively Watching for [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: Globe and Mail, The
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
But the Canada Revenue Agency (CRA) is closely watching how you invest in this popular registered account. Make a few common mistakes, and you could face stiff penalties, an unexpected tax bill, or worse. My view is clear: the TFSA remains one of the most powerful wealth-building tools available to Canadians, but only if you use it correctly. Microsoft NASDAQ:MSFT ) is one example of the kind of long-term holding that belongs in a TFSA. But more on that in a moment. The cumulative TFSA contribution room reached $109,000 in 2026, and the account has never been more valuable. Notably, the CRA has collected millions in penalties and back taxes from TFSA holders who made violations. Here are the three mistakes you need to avoid. Overcontributing to your TFSA can cost you every single month This is the most common mistake, and the rules are less forgiving than most people assume. Unlike the Registered Retirement Savings Plan (RRSP), which gives you a $2,000 lifetime buffer befo [Read more]

IMPACT SNAPSHOT EVENT TIME: MSFT
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Don't Miss Out On The Next BIG Stock Move
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Stockreport

3 TFSA Mistakes the CRA Is Actively Watching for [Globe and Mail, The (Toronto, Canada)]

Microsoft Corporation  (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
But the Canada Revenue Agency (CRA) is closely watching how you invest in this popular registered account. Make a few common mistakes, and you could face stiff penalties, an unexpected tax bill, or worse. My view is clear: the TFSA remains one of the most powerful wealth-building tools available to Canadians, but only if you use it correctly. Microsoft NASDAQ:MSFT ) is one example of the kind of long-term holding that belongs in a TFSA. But more on that in a moment. The cumulative TFSA contribution room reached $109,000 in 2026, and the account has never been more valuable. Notably, the CRA has collected millions in penalties and back taxes from TFSA holders who made violations. Here are the three mistakes you need to avoid. Overcontributing to your TFSA can cost you every single month This is the most common mistake, and the rules are less forgiving than most people assume. Unlike the Registered Retirement Savings Plan (RRSP), which gives you a $2,000 lifetime buffer befo [Read more]

IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS