Most everyone wants fair play when it comes to their tax obligations. This means that most feel that the taxes that have to be paid should be done in a fair manner with everyone paying their fair share. There has been a lot of talk in the last year especially about the tax havens that…
Seasoned long haul truck drivers soon learn the value of using an accountant to help them keep track of their expenses as many of these while on the road have an effect on their income tax submissions. Quite often new drivers are now aware of the need for a quality accountant as they have…
We have seen over the past year at what attempts the CRA has been making at trying to put themselves in a good light in the general public’s eyes. The government in general spends a lot of money on their what we would call promo or “pat me on the back” advertising. Of course…
Unlike the USA a lot of Canadians didn’t give much thought to extra medical coverage, at least not until recently. Outside of dental care our basic health care needs were aptly met under our OHIP coverage. We are now beginning to see that there are lot of benefits that we once enjoyed are no…
It is not unusual for our Government to give out with one hand then take back with the other. While the new tax breaks are good news this year, you may not be so happy with some of the increased expenses you may be facing. The annual premium for Unemployment insurance rates are going…
Most of us feel really fortunate about being able to enjoy the health care system in Canada. Although, over the past few years many of us are recognizing that we are having to pay for some health care services that we didn’t have to be concerned about in the past. These are usually the…
Beginning a new year also means looking at what changes you may want to make, and often these are focused around personal finances. There are several changes that you can consider making, but you want to make those that are going to have a positive impact on your financial situation. You may be considering a…
A lot of time throughout life we get ourselves into trouble simply because we have developed some bad habits. While most of the time these aren’t too serious there are some that can cost us money without even realizing it. One of these areas is your taxes, and you may discover that once…
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…
