All in the family: How loved ones can cut your taxes - Globe and Mail


All in the family: How loved ones can cut your taxes
Globe and Mail, Canada
Contributing to a registered education savings plan (RESP) for a child can save tax since any income earned in an RESP will eventually be taxed in the student's hands, not yours, when withdrawals are made. And with Canada Education Savings Grants being ...
Published 22 April 2009.
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Numbers tell tale on economic management - Vancouver Sun


Numbers tell tale on economic management
Vancouver Sun,  Canada
When the NDP was thrown out of office, BC's real GDP per capital was $4040 less than Canada's and real disposable income per capita was $552 lower. By 2008, the Liberals had closed the GDP gap to $2165 and the income gap to $237. ...
Published 22 April 2009.
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My thoughts turn to income tax - Caledon Citizen


My thoughts turn to income tax
Caledon Citizen, Canada
We all make mistakes, and the people at Revenue Canada, I think, know that. I also don't object to paying taxes, as long as they are reasonable and the money I pay out is well-managed.  I'm enough of a realist to understand that tax dollars go toward ...
Published 22 April 2009.
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Paying the correct amounts to eligible taxpayers

The Canada Revenue Agency (CRA) issued benefit payments worth $16 billion to over 11 million Canadians last year. To keep the system fair for all taxpayers, the CRA works to ensure that benefit payments are issued to only those eligible to receive them and that they are in the correct amounts.

Published 22 April 2009.
Source: Canada Revenue Agency | See full article

Economists calculate hidden price of tax relief - Toronto Star


Economists calculate hidden price of tax relief
Toronto Star,  Canada
"Public spending does play a major redistributive role in Canada, but even in the $80000 to $90000 household income range, the benefit received from public services is the equivalent to about half of the household's private income," the authors point ...
I'm not in Canada, how do I file taxes? 24 Hours Vancouver
all 2 news articles
Published 21 April 2009.
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It's tax time - Ottawa Citizen


It's tax time
Ottawa Citizen,  Canada
Hi could provide the $5000 for Lo to open a Tax-Free Savings Account. Neither of them would ever have to report investment income earned by that $5000. If Hi and Lo are both age 60 or older and receive Canada Pension Plan retirement benefits, ...
Published 21 April 2009.
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Most taxpayers leaving money on the table - Vancouver Sun


Most taxpayers leaving money on the table
Vancouver Sun,  Canada
By Bruce Johnstone, Canwest News ServiceApril 19, 2009 REGINA — Nearly three out of four Canadians are leaving money on the table when they fill out their annual income tax returns, according to H&R Block Canada. Cleo Hamel, a senior tax analyst with ...
Media Advisory - Life changes can impact your tax  situation Canada NewsWire (press release)
Rush your tax returns and you may be sorry Canada.com
Consider law changes, which may benefit tax return next year El Paso Times
Virginia Tech Collegiate Times Online Edition
all 23 news articles
Published 19 April 2009.
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Minister Blackburn extends personal income tax filing deadline for taxpayers affected by flooding in

The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture) confirmed today that taxpayers affected by flooding in Manitoba will have until
June 1, 2009, to file their 2008 personal income tax returns.

Published 17 April 2009.
Source: Canada Revenue Agency | See full article

April 30 filing deadline is fast approaching, reminds the Minister of National Revenue

The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture), encourages Canadians to file their income tax and benefit return early using the quick, easy, and secure electronic services available from the Canada Revenue Agency (CRA).

Published 17 April 2009.
Source: Canada Revenue Agency | See full article

Tax cheating is a crime

The Canada Revenue Agency (CRA) reminds Canadians that not complying with the tax laws will result in serious consequences. Once caught, tax cheats face fines, penalties, and even jail - and they must always pay the taxes they tried to evade.

Published 17 April 2009.
Source: Canada Revenue Agency | See full article

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