TTT: Separation & Support Payments
Simon Gladstone2022-08-07T19:40:43-04:00Splitting up with your spouse? It happens, and we're sorry to hear about it. Child support is a difficult topic, but there are tax implications! Learn more about them here.
Splitting up with your spouse? It happens, and we're sorry to hear about it. Child support is a difficult topic, but there are tax implications! Learn more about them here.
Going camping this weekend? Got kids in daycare? You might be able to claim those expenses! Learn how today.
The government is not shy about asking for their money back if they think you took something you shouldn't have. Did you get a notice? Learn how it affects your taxes and how to pay it back.
You've got mail! Did you open it? You really ought to. This year's reviews are focusing on home office and automobile expenses, disability tax credits, and HST rebates for businesses.
Did your property or business get affected by the tornado? I'm very sorry to hear if it did. Many people are receiving insurance payouts, but it's important to make sure you claim everything properly on your taxes next year!
Lots of people claimed CERB when they weren't really eligible, especially in the early days of the pandemic. Unfortunately, the CRA wants their money back.
Lots of people are getting really big payouts from their pensions, divorces, inheritances, and other places these days. Did you know that many of these payouts are taxable, and are often not taxed nearly enough at the source?
Deadlines are everywhere in running a home or a business, and these ones are important not to miss. Did you know that you can face serious penalties for not filing on time if you owe? They will charge interest. Stay on top of this one every year!
Rental property income is a great thing to have, but does it count as profit or taxable income? The differences in how you handle it are important and could cost you big time.
Did you know that taxes work a little differently for teachers? If you or your spouse is one, you should definitely read this. You could save big!