Recent Articles
2014 Ford Fiesta ST Review | Arts & Designs
Once again I got the opportunity to test drive another sporty Ford vehicle – the Fiesta ST. I picked up the 2014 ST 6-speed Manual Transmission from the Universal Ford dealership in Calgary to test drive it under highway and city driving conditions. In Calgary winter road conditions! With snow tires on, this little beast maintains stability […]
Marriage and Taxes | Tax | Money Saving Tips
The biggest events in life also have big tax implications. Saying “I do” is among the biggest of life’s changes, and from a tax perspective it’s right up there with..well…death. One common misunderstanding is that the Canada Revenue Agency distinguishes between marriages, common-law relationships and civil unions. It does not. Similarly, the CRA treats same-sex […]
Vehicles for Business: Auto deductions | Tax | Money Savings
Car-related tax deductions exist, but the rules are fairly restrictive If you use a vehicle to earn employment or business income, the Canada Revenue Agency allows you to make some auto-related deductions on your tax return, but the government cannot be said to be generous in this area. Those who lease a vehicle can claim […]
Wayne, Alberta Pop: Then 2490. Now 27!
It is amazing the treasures one can find in one’s backyard! Especially if that backyard happens to be a place called Drumheller, in the eastern part of the Canadian Province of Alberta. This part of Alberta is one of my favorite places in the world. Why? Well, you will just have to step in to […]
Donde Esta Carol (finding lost love in Costa Rica) | Budget Adventure Travel
Once upon a time, when I was young(er), I was absolutely smitten by one of the most beautiful girls I had ever seen. She was from Costa Rica. We met in Central New Jersey. At a KFC location. After initial courtship, we set a date for dinner. The date never took place. Dinner never happened. […]
Family Business: How SME income-splitting works | Tax | Money Savings
It’s exhilarating and liberating to watch your small business grow and become a success. After long hours of stress and hard work, you’re finally on the map. But as your unincorporated small business begins to thrive, its increasing revenue may begin pushing you into a higher tax bracket. The potential for income-splitting within the family […]
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