Self-Employed have CPP Woes Bigger Problem is Income Taxes at Small Business Unplugged

An editorial in the Edmonton Sun commented on the fact that the "Stephen Harper government is considering lowering the premiums we pay for the Canada Pension Plan as part of a "fiscal imbalance" fix to be unrolled this fall and included in next year's budget." The editorial goes on to state that currently, "working Canadians pay 4.95% of their annual pensionable earnings to the CPP, which amounts to $1,910 per [...] Read More


(Un)Taxing Times in Canada? at Small Business Unplugged

Tax cuts puts dollars back in the pockets of taxpayers, business owners, and stimulates the economy. The only problem? Will the conservatives still be in power to follow through their plan? I hope so, because without a reduction if net debt our economy will become increasingly inefficient. Finance Minister Jim Flaherty Thursday released the Tory economic vision aimed at eliminating the net federal debt in next 15 years, steadily cut corporate [...] Read More


If we cut taxes, they will come at Small Business Unplugged

B.C. Premier Gordon Campbell and his B.C. Liberals said that if they cut taxes - the head offices will come. Well, The Tyee published a lengthy post titled "BC's Runaway Head Offices" that has got a fair amount of attention (28 comments as I write this). An analysis of the latest Financial Post 500 rankings of Canada's largest corporations in 2001 and 2005 shows that the number of corporate head [...] Read More


Pay Less On Your Taxes This Year at The Personal Finance Weblog

Taxes clearly are something that people do not like to pay. Yet, many are paying more than is necessary. Even the IRS says that more people could save money on taxes if they were a little more careful in filling out their forms. One very important tool to use when you do your income taxes is to use tax software. It does not cost much, but it may enable you [...] Read More


Save Money on Taxes This Year at The Personal Finance Weblog

Consumerist Saving money isn't something that you can only do when you buy things, or put it into a savings account. You can also save money at tax time. After all, Uncle Sam does not need you to pay more than you need to. Taxes are something that most people do have to pay. Keeping it as low as possible, however, is a good idea, but it will take some preparation [...] Read More