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Of course with an election looming each of the political parties is going to offer some type of tax incentive to gain votes. It is just a matter of what each of the party’s feel they can offer that is going to gain the interest of the largest number of voters. This must raise quite…
It has gotten to the point that whenever the government is giving something back to the Canadian tax payer that one should maybe read the fine print that comes with it. Whenever there are steps taken to put a few more bucks back into the pockets of the tax payer it seems like there…
Well we all knew that an election was on the horizon and it’s officially been kicked off. Now is the time that the average tax payer starts to listen to the views of those politicians that are running for office in regards to their stance on taxes. Taxes are probably the biggest bone of contention…
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…
Sometimes there are two good things about tax season. One is that it comes to an end once your file for another year at least. The second is you might be getting a tax refund. The fun part is deciding what you are going to do with that extra money. While it is always nice…
With the fast paced living that the majority of us are exposed to, we don’t get much time to think beyond what we have to do to get through each day. When the hydro bill comes in, or we reach the checkout at the grocery store we might say Wow! That’s pretty expensive. When we…
Whenever there is a hint of a new tax that may be levied in the future a lot of Canadians immediately get their backs up. They already feel like they are being taxed to death, and at some point collectively will say enough is enough . However, they may not have that same approach…
As we all know our tax dollars go into the various levels of government to help pay for all the services, programs and infrastructure that we count on as Canadian citizen. Each tax dollar we pay is divided into specific amounts that get allocated to the different departments providing these amenities. What happens when extra…
