The Mobile App Was Recently Updated.
If you are experiencing any problems, please visit this troubleshooting page.

Can I Get My Tax Return Early (Throughout the Year)?

Can I Get My Tax Return Early (Throughout the Year)?

Having a great amount of money for a tax return is nice to have. More money can be put onto debts/savings/purchasing wish list items. "But why is the government taking so much money from my paycheck in the first place, only to give me such a large sum back for a tax return?"

After speaking with our financial adviser, my husband and I saw that we could have more money to put onto debts/savings/wish list during the year. She told us of a form called "Request to Reduce Tax Deductions at Source T1213" (for Canada). Using this form would make it so less taxes are taken off each paycheck and thus leave more money in our pocket each paycheck instead of receiving a larger lump sum Tax Return.

Tags:
Continue reading
2879 Hits
0 Comments

Tax Return Funds Redirect to What?

Tax Return Funds Redirect to What?

It's so thrilling to see the assessment of how much of your hard earned money you're going to get back from the government on your Tax Return. The question is what to do with the money?

Well I know what I want to do (a big shopping spree for house renovations, new computer, vacation, plus some other items on the wish list), but then I know that's not really what I should do.

Here's a list of suggestions (you can do one/some/all):

Continue reading
2975 Hits
0 Comments

Do It Yourself Tax Return

Do It Yourself Tax Return

I was reading through the March issue of Money magazine this morning. A short article asked the question "Should you fire your accountant?" and then do your tax return yourself.

I've wondered in the past if I should do my tax return myself. I thought I had a very uncomplicated return and should be able to figure it out no problem.So for the first two years of marriage my husband and I did our tax returns ourself. We got some money back and were satisfied until just before our third year of filing, we received a notice from the government that we were being audited and that we owed some money to them.

Tags:
Continue reading
2356 Hits
0 Comments

A common "cents" break from the government

A common "cents" break from the government

There is a new Children's Fitness Tax Credit from the Canadian government.

My wife has been wondering about this new Children's Fittness Tax Credit from the Canadian government. She just didn't understand how it actually applied to me. After some study of a couple pages on the internet she realized it's not as good as she was hoping it to be... but it's still good.

Tags:
Continue reading
1573 Hits
0 Comments
© 2019 CalendarBudget Inc. All Rights Reserved. Terms and Conditions