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For the individual personal tax payer who has been handling back tax affairs with the CRA they will tell you that it is always the little person that the tax department goes after. This segment of the government is taking pride in their transparency, which means they now can now disclose who they have…
You may be thinking that because you are delinquent with your taxes and at this time of year the CRA are so busy with the annual tax returns that they are going to forget about you for awhile. Don’t count on this as there are many different departments within the tax segment of the Canadian…
For the most part as Canadians we tend to like to mind our own business. When it comes to taxes though, there is often a level of frustration in regards to fair play. Many hard working tax payers feel that they are getting hit harder with their taxes them perhaps other businesses do, or even…
During tax season it is the time where most everyone is looking for some type of tax break. As a result of this they can become vulnerable to scams and misconceptions about tax obligations. No doubt you have noticed many new temporary tax offices opening up that are offering you great tax savings…
We all like to complain about taxes for several reasons. The biggest one is because we believe we are being taxed to death, and the other is that it is a nuisance when we have to take time out to do our tax returns even though its only once a year. While there…
For some of us we have even got last year’s taxes done and over with and yet we have to start thinking about the current year. By the time the deadline reaches for the previous year, we are already finishing off the first quarter of the current year. It is often a common…
In many cases you just go out to your place of employment, earn your income, your boss deducts the taxes owed, and at the end of the year you get your T4. There are many circumstances though where individuals have some expenses that are related to their job that they have to pay for personally.…
It has been generally said that taxes is not a topic of conversation that most people want to get into, yet on occasion it does happen. This is when the confusion about how our tax system relates to the individual can really set in. For example, one individual who is paying child support states…
