One of the measures in Budget 2010 (Pages 356 to 358) will be of special interest to Ottawa-area residents who elected to defer taxes on stock options. Some taxpayers who took advantage of tax deferral on stock options experienced financial difficulties when the value of the stock they received when exercising stock options declined in [...]
UFile.ca, a web-based tax software, is offering several free ways for Canadians to prepare their 2009 taxes:
Free File Friday for Seniors: On February 26, 2010, tax payers 60 years or over can open a tax file and file their taxes at a later date for free. Check this web page for more details.
Students, regardless of [...]
In the comments section of yesterday’s post, Returns Reaper reminded other readers that Ontario residents have an additional reason to make a RRSP contribution this year. Ontario residents may be able to reduce their net income below the threshold for receiving the Ontario Sales Tax Transition Benefit by making a RRSP contribution. Also, recall that [...]
