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.
Today will be UCCB payday for most of you parents out there with kids under 18 years-old, so congrats on the cash! However, don’t forget the old saying that if it’s too good to be true then it probably is. In my last couple of posts, I’ve written about the current Gov’t increase in the UCCB and also wrote a more detailed… Read More It’s UCCB Payday!!…Now How Much Are Your Child Benefits REALLY Worth!?
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!
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??