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We all have grumblings and complaints about the way that the CRA handles things. Normally we think of this as a collective agency that is made of a substantial amount of agents and a variety of locations. It is important to look at the top of this government organization and keep in mind that their…
Of course no parent decides to bring children into their lives just because there may be some tax benefits from having kids. Also, these tax incentives for families with children should not go unclaimed. Yet in many cases some families do miss out on the potential tax credits that they are eligible for. This can…
Many couples have joint accounts. At the end of the year the interest collected on these has to be declared. A lot of people think that the name appearing on the tax slip or the social insurance number that is there, is the person who has to declare the interest. It can…
We are all familiar with the term “the rich get richer, and the poor get poorer”, and in some cases the same could be said about businesses. It always seems like the big corporations and the lending institutions like our banks who rake in a decent profit also get the best tax breaks. This…
Let’s face it, if we want to be involved in politics then we would have chosen that as our careers. Most tax payers really don’t want to become involved in politics and basically reserve their involvement to doing what is expected of them, which is to vote. Yet, what we don’t realize is that the…
Almost everyone complains about tax in general, with maybe income tax being at the top of the list. Of course most of these complaints for this tax always occurs around tax season. Then once it is past they basically forget about it. The bottom line is that complaining about taxes doesn’t change anything, but…
It is a most difficult time for an individual that loses their partner. It can also be a very confusing time financially. This is especially true if the deceased spouse was the one that looked after all the financial matters in the relationship. On top of grieving they most often have to make the…
With much pomp and to do finally the Federal budget has been released. The way that we as tax payers wait for these budgets to come down it is like the anticipation at Christmas if we are going to get a nice gift or a lump of coal. With this latest budget at first glance…
