Thinking like the Tax Folk
The Tax Folk in Canada (the CRA) and I really are getting to know each other well, and my saga continues, but it is not resolved yet. #Tax
They Paid My Loan Off
“They paid my loan off” is what a co-worker told me, when he purchased a new vehicle. I have given up telling my co-workers things about finance (they don’t listen much). I knew what that… Read More »They Paid My Loan Off
What is the Home Buyers’ Plan? Should You Pay Down Sooner?
The RRSP Home Buyers’ Plan (HBP) helps first-time Canadian homebuyers tap into their retirement savings for a down payment. Learn how the HBP works, the pros and cons of using it, and whether you should pay it back sooner to maximize your future retirement savings. Discover smart ways to navigate homeownership and avoid costly mistakes.
Income Tax Receipts
After posting my taxes on Sunday, I was wondering how things would go with my return. I am currently in a reassessment for the previous tax year, so what would the CRA do about this?… Read More »Income Tax Receipts
A Tax Quandary
am in a bit of a tax quandary about whether to file sooner or wait for a reassessment by the CRA. What did I decide and why? Read on and see.
