This week’s Tax Tip Tuesday is going to be very simple. Here it is: Use an Accountant to File Your Taxes! Or more specifically, use me! OK, maybe this shameless plug of http://www.mkassociates.ca and http://www.thefunnyaccountant.com is a little over the top…so please feel free to use any accountant of your choosing as long as his… Read More Tax Tip #8: How to Get Your Taxes Done for Free! (sort of…)
Continuing the discussion on great ways to keep our money out of the hands of our evil, pasta-hating government…a Tax Free Savings Account (or TFSA) is a great way to tax shelter a portion of your savings. It doesn’t give you the same advantages as an RRSP (self-plug alert – please see last week’s blog post!), but… Read More Tax Tip #6: TFSA is A-OK!
RRSPs Are Fun! …OK, that’s a total lie. I apologize. RRSPs cannot possibly be fun. The topic is actually one of the dullest and most mind-numbing in the entire accounting field. In case you’re unfamiliar, Registered Retirement Savings Plans (see RRSP acronym above…and below) are tools the Average-Justin or Average-CarlyRae Canadian can use to save… Read More Tax Tip #5: RRSPs!
Welcome to February: the month we start getting all kinds of fun pieces of mail from our governments and experiencing that mini-heart-attack feeling each time we see that envelope waiting for us when we get home while thinking, “OHBOY…this time I’m for sure getting audited!” On that note, let’s chat about not filing your taxes! First off,… Read More Tax Tip #3 – Not Filing Your Taxes?
This week on Tax Tip Tuesdays we promised a chat on body odour and personal space. That’s right…..it’s the BUS! …and subway and railcar and tram and train and tuk-tuk. Anyhow, if you used any of the aforementioned means of public transportation during the year, on a monthly or yearly pass, you can get back 15%… Read More Tax Tip #2 – Riding The Bus