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Tax Information
Mark Goodfield has twenty five years experience in tax matters. He is the tax partner and managing partner of Cunningham LLP, and has forgotten more than most of us will ever know. Mark writes a blog called The Blunt Bean Counter, and I recommend you bookmark his site and go back from time to time – there...
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Dear Ross  Recently a friend asked me many questions about LIRA’s and LIF’s, and I did not know how to answer him. Seems this is more complex than RRSP’s and RRIF”s. Can you help? Whenever I am asked a question about something I don’t deal with everyday, I look to see if I know a...
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I follow many writers in the world of personal finance – not all are listed below. These guys write in a style or about topics which I think are of interest to my personal audience. It is hard to be all things to all people, so most of we bloggers settle on one or two...
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Today’s theme is inspired by a recent article in the Moncton Times. The source of the material is Doug Northrup – a master tax specialist with H & R Block, based in Moncton, New Brunswick. “Many Canadians have a healthy fear of the Canada Revenue Agency (CRA). The brown envelopes from the CRA have struck fear...
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Do I have to pay Tax? The harmonized sales tax introduced by the Liberal Government in Ontario went into effect in July 2010. Although tax is collected at a rate of 13% on the sale price of good and services, it doesn’t apply to every type of home or every type or real estate. New...
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Thanks to Tim Cestnick, managing director of WaterStreet Family Wealth Counsel, for the following article extract, published in The Globe and Mail, April 30, 2010 Making changes You send in your tax return thinking all is well and then discover after the fact that another T-slip arrives in the mail a few days later. Or perhaps...
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Published on Friday, Feb. 12, 2010 11:53AM EST Last updated on Sunday, Feb. 14, 2010 10:15PM EST  This article is lifted verbatim from the Globe and Mail’s website on February 15, 2010. To the mutual fund industry, the author speaks heresy, but in fact, he is much closer to the best approach than most will...
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Time is running out to qualify for Ottawa’s $1,350 home renovation tax credit, and you have even less time to make use of year-end tax strategies. So here a few timely reminders. You have until Feb. 1 to spend $10,000 on qualifying items or work to earn the maximum renovation credit, and more than $1,000...
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