Tag Archives: Tax planning brampton
Tax-free savings accounts give wealthy access to poverty benefit by Accountant Woodbridge
Tax Free Savings Accounts (TFSA) is really benefit the senior who are receiving Guaranteed Income Supplement because any income earned in TFSA in not taxable and Guaranteed Income Supplement doesn’t get reduce by your Accountant Woodbridge Ontario. Wealthy Canadians are … Continue reading
Smart Money Moves for the End of the Year by Accountant Brampton
Planning for your taxes can save you taxes and save you cost of filing taxes, if you have all the documents well organize courtesy of Accountant at Brampton. It is nearing the end of another year, but don’t let the holiday season … Continue reading
Children’s Fitness Tax Credit by Accountant Vaughan
Starting with the 2007 tax year, the Government of Canada allows a non-refundable tax credit based on eligible fitness expenses paid by parents to register a child in a prescribed program of physical activity, Accountant Vaughan. The following information is … Continue reading
First-time Home Buyer’s Tax Credit (Accountant Woodbridge)
You can claim an amount of $5,000 for the purchase of a qualifying home made in 2010, if both of the following apply: ■ you or your spouse or common-law partner acquired a qualifying home; and ■ you did not … Continue reading
Pension Income Splitting (Tax Accountant Brampton)
If you and your spouse or common-law partner have jointly elected to split your eligible pension income by completing Form T1032, Joint Election to Split Pension Income, you (the pensioner) can deduct on this line the elected split-pension amount from … Continue reading
Half of Canadians are ready to cheat on taxes (Tax Accountant)
Tax planning is way of saving taxes instead of cheating on your Taxes Brampton. You can plan to save taxes through your Tax Accountant. OTTAWA – A new poll commissioned by the taxman suggests half of Canadians are ready to … Continue reading
Ontario Energy and Property Tax Credit (Accountant GTA)
Accountant GTA The Ontario government introduces new energy tax credit for Ontario resident in 2011. In the 2009 Ontario Budget, the government proposed two new tax credits to replace the combined sales and property tax credits: the Ontario Sales Tax Credit … Continue reading
Confusion reigns over TFSA rules as number of problem accounts rises (Accountant Brampton)
Tax Expert OTTAWA – contribution rules for a popular tax shelter continue to perplex ordinary Canadians, despite a year-long information blitz by the Canada Revenue Agency and the big banks. If you’re charged penalty for over contribution by CRA, it … Continue reading