Pats Tax Tips covers various tips for Canadians on how they can fare better with their taxes. http://www.patstax.ca Fri, 03 Sep 2010 09:45:38 +0100 FeedCreator 1.7.2 http://www.patstax.ca/images/M_images/pat2.jpg http://www.patstax.ca Pats Tax Tips covers various tips for Canadians on how they can fare better with their taxes. http://www.patstax.ca/content/view/79/52/ Updated with 2010 rates! This applies to you if you have a regular job with a salary over about $40,000 per year. We all have to pay CPP and EI, these are deducted at source by your payroll. Both CPP and EI have a maximum annual amount, and that payroll does not spread out the amount throughout the year. The net effect is your take home pay is less at the start of the year, until you reach your maximums. Articles - Dealing With CRA Mon, 09 Nov 2009 03:00:00 +0100 http://www.patstax.ca/content/view/78/52/ If your spouse doesn't file his/her tax return(s), it could cause you problems both now and in the long term. You have to ask your spouse why they are not filing their taxes, and if you don't get a good answer you need to take steps. Articles - Dealing With CRA Sun, 12 Jul 2009 22:06:54 +0100 http://www.patstax.ca/content/view/77/51/ I have seen this problem often this year. Self-employed people who end up with a much larger tax owing than they expected. They looked at their previous year's tax return and based on that, they thought it would be just a little more, but they were wrong. Articles - Business Topics Sun, 19 Apr 2009 14:31:04 +0100 http://www.patstax.ca/content/view/76/52/ RRSP season is over and it's tax time again. Get yourselves ready to file your taxes for this year, and if possible file early. Articles - Dealing With CRA Wed, 04 Mar 2009 12:06:46 +0100 http://www.patstax.ca/content/view/75/52/ Updated with 2009 rates! This applies to you if you have a regular job with a salary over about $40,000 per year. We all have to pay CPP and EI, these are deducted at source by your payroll. Both CPP and EI have a maximum annual amount, and that payroll does not spread out the amount throughout the year. The net effect is your take home pay is less at the start of the year, until you reach your maximums. Articles - Dealing With CRA Mon, 17 Nov 2008 03:00:00 +0100 http://www.patstax.ca/content/view/74/ This is my fifth podcast. Today I talk about daycare tax deductions. If you like it, please send me feedback. Articles - Podcasts Mon, 10 Nov 2008 03:00:00 +0100 http://www.patstax.ca/content/view/73/ This is my fourth podcast. Today I talk some more about RRSP's and the dreaded RRSP loan. If you like it, please send me feedback. Articles - Podcasts Mon, 10 Nov 2008 02:11:56 +0100 http://www.patstax.ca/content/view/72/ This is my third podcast. Today I talk about what to do with your RRSP's. If you like it, please send me feedback. Articles - Podcasts Mon, 10 Nov 2008 01:11:43 +0100 http://www.patstax.ca/content/view/71/47/ This applies to you if you are investing in an RRSP or have plans to each year. I was comparing the relative costs of contributing monthly into a plan or using an RRSP loan during RRSP season (January - February). Articles - Investments Sun, 26 Oct 2008 03:00:00 +0100 http://www.patstax.ca/content/view/70/54/ I recently got the following question in a comment on my previous article (/content/view/40/54/): If we withdraw from our RRSPs we lose out on interest. Would it make more sense to use our line of credit? Is the interest we'd have to pay on that offset by the interest we gain with RRSPs? Articles - Real Estate Thu, 09 Oct 2008 18:21:34 +0100