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A lot of people have been feeling the pinch financially with the economy the way it is, and as a result have been forced to look for other ways to pad their income so they can make ends meet. For some it has meant renting out part of their residence just to help cover the…
Just when you thought that you were pretty well up to date with what is going on with the CRA and how it relates to you for your tax filing, another big tax topic hits the news. You as a tax payer are hoping it has nothing to do with you, but still you are…
Filing your taxes is your responsibility and this means that you need to gather all of the pertinent information that is going to relate to your taxes. This often means that you need to look at the other family members and how they have any bearing on your tax filing. Many of us live…
Being out of country and enjoying the sunny weather while Canada is still battling what winter has to throw at her, and especially during tax season, certainly is a nice thought. In fact, it is easy to forget about the snow and the tax filings that will soon be due. However, even if you…
Usually if you are going to hire an expert to perform any type of service there has to be a good reason why you need the type of services they offer. This is no different when it comes to a tax accountant. In fact, you may not realize just how important it is to utilize…
When it comes tax time so many people get frustrated about having to do their taxes, then they almost panic when they run into some complex problems and the deadline is drawing near, and their returns are not completed. Then there is the after the tax season where everyone breathes a sigh of relief…
When it comes tax time it is not a topic that most people like to think about. Yet, often you will see the pop up tax return offices flowing with individuals who just can’t wait to get their taxes done. Are these good Canadian citizens who feel it is their duty to pay their tax…
If you are required to make support payments it is important that you understand how these fit into your tax obligations. It is always difficult when going through a separation to determine how this may now have an effect on your taxes. First, there are two types of support payments. There is the type…
