Income Tax Is Like A Four Letter Word

INCOME TAX TIPS YOU SHOULD KNOW   Income Tax for some people is like a four letter word, they just don’t want to hear it, and dread the April 30th deadline we have here in Canada to file a personal income tax return. But it does not need to be like that. I have prepared and  been filing personal and small business tax returns for over 15 years. What started for me as a seasonal job, with H&R Block to supplement my regular income, has turned into a small business. I find it incredibly rewarding when I help people take advantage of all tax credits that are available to their families. From arts and sports credits for kids, to home improvement credits for seniors, there are many credits people don’t think of when filing their taxes.   Tax Credits   Tax Tip: Did you know that if your Grandmother needs a shower bar in her bathroom, that she can get a tax credit for having it installed? If you need to have your home wheel chair accessible, there is a credit for that too. Most people know of the popular tax credits, medical, rent, property taxes, and childcare. What they […]

The Saturday Weekend Review #3 January – Are You Really A Mom?

What’s Been Happening at Canadian Budget Binder? I know I’ve hidden behind the scenes lately and that’s because Canadian Budget Binder has got so busy. I just finished up with an e-book which I contributed to and am anxiously awaiting the new design of Canadian Budget Binder for all of you. Hang tight, it won’t be long. Once we have everything in place I will hold a give-away for our one year anniversary of Canadian Budget Binder with some special sponsors that have contacted me and want to participate. Are You Really A Mom? I know I may be digging into deep waters here but I couldn’t help but tap into what all the noise was about. Mommy Bloggers are not impressed with Elizabeth Banks. I was reading an Interview with People Magazine on Yahoo about Elizabeth Banks an actress in the recent movie the Hunger Games. She was talking about her children now that she has two. She said, “You don’t realize how easy one is until you have two. Now I’m really a mom. Oh, I am a mom now! This is for serious — I am responsible for two people now.”  I’m not a parent so I can’t really say but I’m […]

CBB Family Net Worth Update~October 2012

Posting our CBB Family Net Worth and Budget Update once a month here is a means to motivate ourselves to continue down our financial path. We are a Canadian couple who make an average salary and want to know where we stand each month. We want others to know that you don’t have to make 6 figures to have a Net Worth. There’s no race to the finish line because no one really knows where that line is. You could die tomorrow or you may live until you are 110 years old. What does Individual Net Worth mean? Net Worth is a snap shot of your financial health sort of like a picture. It’s a total of the value of your assets minus your liabilities. Posting our financial numbers is about showing others how budgeting has worked for us. Who’s the Man behind Canadian Budget Binder? My name is Mr. CBB and I’m the frugal guy that does all the talking around here. Yes, some women think Frugal Men are Sexy and I’m here to show you how to spot one! Well not really but I’m sure you will have a good idea just by reading posts I’ve written around this blog. There is also a Mrs. Canadian Budget Binder but she does not currently […]