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No doubt as a business person and a tax payer you are super happy that the tax season is done, or soon will be if you haven’t filed your business tax as yet. You probably aren’t thinking that you are almost half way through this current tax year. Now that you are the question may…
You have filed your taxes and you should be feeling great but you aren’t. If this is because you know that there were some things contained on your taxes that were not quite right, you might be feeling a few emotions. You might be feeling a little guilty because otherwise you are a honest person.…
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…
Almost everything that happens in the economy has a significant effect on us. There are constant changes in the economic development. Currently the three major ones are the big plunge that took place with the oil prices. Then there is the drop in the Canadian dollar. Plus the policy response of the Bank…
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…
March is the month where a push is made on creating the awareness of potential fraud. There are tons of different types of fraud that can occur. The type that you really want to be on the watch for is tax frauds in the form of tax scams. One of the latest to be…
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…
