Recent Posts
The Personal Finance & Tax Blog
Return To Blog Listing
To discuss personal finance, tax, credit, and estate planning.
Recent Posts Tagged With 'tax'
Back To School Tax Tips
The summer is almost over and across Canada young people are getting ready to head back to college and university. Some will have a part-time job, some will not but all will have tuition fees to pay...
Taxation of Income Trusts
Income trusts, real estate investment trusts, and royalty trusts are a form of entity know as a "flow through entity" because the cash flows generated in the trust are flowed through to the trust unit...
10th Annual Gas Tax Honesty Day
The Canadian Tax payers Federation announced their 10th annual gas tax honesty day to bring awareness of the amount of federal and provincial taxes you pay at the pump. Facts The average price of gas...
Moving to Canada?
You are required to pay Canadian income taxes on your worldwide income when you become a resident of Canada. There are a number of factors that are used to determine if you are a resident for Canadi...
The Countdown To The Tax Deadline
As the April 30th deadline draws near you may be rushing to prepare your return and file your taxes. If you are looking for tax preparation software, try Studio Tax. It will save you time and minimize...
The Tax Free Savings Account (TFSA)
Excerpt from the Government of Canada Budget Presenation.How the Tax-Free Savings Account Will WorkStarting in 2009, Canadian residents age 18 or older will be eligible to contribute up to $5,000 annu...
Should I Invest or Pay Off Personal Debt?
One question that I am often asked is whether it makes more sense to invest or pay off loans and other debt. The general answer to this question is to pay off your debts first because you will pay mor...
Rethinking tax website
If you were reading my posts, I'll direct you to my Canadian income tax website at Tax Resource Canada.I have written an article on selecting a business structure that you might find interesting as we...