All posts by "josephlea" →

Keeping up with the Jones Principle in Canada

January 27, 2014 | 0 Comments

The Keeping-Up-With-the-Joneses Myth “They found that poor households didn’t borrow more in high-inequality areas. Instead, poor households borrowed more in poorer areas (i.e.: areas with less overall inequality). In short, it’s the opposite of what the...

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The week in tweets – January 24, 2014

January 24, 2014 | 0 Comments

  I’ve decided to make Friday’s my “The Week in Tweets”, posting some of the interesting news items I’ve tweeted on in the last week. January 23, 2014 “MSNBC interrupts Congresswoman for report on Justin...

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Gone Phishing

January 21, 2014 | 0 Comments

   I just got the following email in my mailbox: Our Customer, You have (1) Unread Secured Message ! Sign-In-eBanking Thank you for helping us to protect you. RBC Royal Bank Online So for today’s...

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Today’s article relates to question #6 on the 2013 Personal Income Tax Questionnaire sent to clients. ARE YOU CLAIMING EXPENSES RELATED TO EARNING EMPLOYMENT INCOME? Guide T4044 looks at the issue of employers requiring employees to incur costs...

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This article is a real world example of how, for a small business owner, TFSA’s are much better than RRSP’s. In this case, the small business owner wants to save for retirement and their prior...

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Canadian Government

Snitches with tips

January 16, 2014 | 0 Comments

Tax cheats whistleblower hotline up and running “Ten months after it was first trumpeted in the budget, the Conservative government announced Wednesday its whistleblower hotline to crack down on tax cheats is finally operational.” And...

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The Canadian economy is a windshield looking for a moose. In June 2012, Finance Minister Jim Flaherty reduced the maximum amortization period to the traditional 25 years,  “aimed at reining in a hot housing market and...

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  Today’s article relates to question #5 on the 2013 Personal Income Tax Questionnaire sent to clients. DO YOU HAVE RENTAL PROPERTIES? If you earn income from renting property (real or movable) you will need to file...

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