April 3 roundup
On Canadian tax cheats, soaring pump prices and RBC Dexia’s new owner.
taxes
-
-
March 28 roundup
On the end of cheap mortgages, Mitt Romney style tax breaks for everyone and a B.C. payday lender fined for overcharging clients.
-
Seeking tax relief
Bruce Sellery offers his advice on how to deal with the stress of tax time.
-
Own Foreign Stocks or ETFs? You may have to File Form T1135
As I am preparing my income taxes, I am reminded yet again of the trap that the Canada Revenue Agency has set for taxpayers in the T1 General form with this innocuous question: “Did you own or hold foreign property at any time in 2011 with a total cost of more than CAN$100,000? (See “Foreign [...]
Own Foreign Stocks or ETFs? You may have to File Form T1135 is brought to you by Canadian Capitalist — Helping you to invest & prosper.
-
Smooth out your income
Controlling when you take your income and deductions can shave tens of thousands of dollars off your tax bill during your lifetime.
-
Ask the Spud: Investing With Multiple Accounts
Q: How do I use the Couch Potato strategy across multiple accounts? We have a taxable investment account, my RRSP, a spousal RRSP and two TFSAs (one for me, and one for my spouse). Should we hold all of the ETFs in each account—which seems cumbersome—or treat them all as one large portfolio? — B.H. [...]
-
Tax adversity
What do you do when your partner is eight years behind on their taxes? Bruce Sellery has some advice to help ease the tension.
-
Which TurboTax Edition is Right for you?
Canadians who file their taxes with TurboTax are often confused by the different product choices available. Intuit, the maker of TurboTax, sells the product in five different flavours: Basic, which retails for $19.99, Standard, which sells for $39.99, Premier ($69.99), Home & Business ($99.99) and TurboTax 20 ($129.99). Intuit’s website comparing the features available in [...]
Which TurboTax Edition is Right for you? is brought to you by Canadian Capitalist — Helping you to invest & prosper.
-
Filing Taxes is a Snap with SnapTax
Intuit has just launched a new tax filing product in Canada that literally makes filing taxes a snap. If you have an iPhone and a very simple tax situation (just T4 slips), you can download an app from Apple’s iTunes store that will allow you to take a photo of a T4 slip with iPhone’s [...]
Filing Taxes is a Snap with SnapTax is brought to you by Canadian Capitalist — Helping you to invest & prosper.
-
The procrastinator’s guide to the RRSP deadline
Hoping to get your RRSP contribution in under the wire? Here are some things to keep in mind if you want to get the biggest bang for your buck.
