“Christmas in July”: it was a popular phrase in the summer of 2015. A federal election was nearly upon us and the old Conservative government had decided to increase our child benefits. The increase in the benefits was paid out on July 20, 2015 and was retroactive to January 2015 so those of us with… Read More Got Kids?…Then Your Gov’t Cheque is in the Mail…The Sequel!
Canada’s own Alanis Morissette said it best…”And isn’t it ironic…don’t you think?” There is a hidden and cosmic irony that exists in our country, an issue that has been front and center in the news lately and a huge factor in the upcoming election: income splitting. It turns out that parents who divorce can save… Read More Wanna Save Tax Money? Get Divorced.
Author’s note: If you followed a link directly to this post, don’t forget to check out the follow-up blog post on income splitting! Due to popular demand (thanks to the 3.5 people who asked for a follow-up!)….I give you a Tax Plan Showdown: Harper’s UCCB increase vs. Trudeau’s reinvention of the way we receive child benefits.… Read More The Politics of Deception: Harper vs. Trudeau, a Tax Plan Showdown!
Author’s note: this blog post talks about the UCCB increase only. For a closer look at more “real world” scenarios on how the Trudeau and Harper tax plans will affect your bottom line, please check out the follow-up post! Full disclosure: sometimes I use catchy blog titles or gimmicky phrases to attract readers to my… Read More Got Kids?…Then Your Gov’t Cheque is in the Mail!
Hi! Welcome back to me! After a mostly silent summer, the approach of the autumn season seems to have awakened this Funny Accountant from his slumber. Truth be told, it’s been a busy summer…with work, our new house having been a constant work-in-progress, a preggers wife and a 2.6804-year-old getting used to her big girl bed, little time remains… Read More Daycare and taxes and audits, oh my!!
It’s tax season!….and election season! Oh what a fun time of year, so much to do, so many debates to watch, so many polls to analyze. I thought I’d drop my 2 cents into the fountain before it all comes to an end…and hopefully help someone make some money at the same time. So I’m… Read More Scream It From the Rooftops: Vote! And File Your Taxes!
I’ve said time and time again that I’m a logical guy. I guess it’s the accountant in me…but now that I’m a Father and husband (yet still an accountant at heart), my logic extends to the society and people around me, trying to right the wrongs of the world and making my daughter’s future (hopefully… Read More The Big Day: Budget 2014 – The Budgetpocalypse!
For the average Canadian, the decisions about where to invest extra cash can be overwhelming to say the least. So many acronyms…RRSP, RESP, TFSA, need I go on?? Many people rely on experts in select fields to help them make these decisions, while many self-educate and make the decisions themselves. Whichever category you fall into,… Read More RRSP…WXYZ! Chapter 4: The Big Decisions About Where to Invest Your Money
As I began writing this 3rd installment of my month-long RRSP bloggage, my wise and all-seeing wife (blog plug for Adventuresofmamakujo.com!) pointed out that I made a very large assumption when I began writing these posts. I assumed that my readers actually knew what an RRSP was and the basics of how it works! The… Read More The RRSP: A Beginner’s Guide…the ABC’s of the RRSP!
For this week’s installment (pun intended) of the ABC’s of the RRSP, I’ll try and answer a few age-old questions: Does God exist and, if so, why did he allow the creation of Revenu Quebec? Why don’t ALL toilet seats have that mechanism built-in that makes it go down slowly and how does it do… Read More The RRSP…QRSTUVWXYZ!! Chapter II – What’s that do anyhow??