With increasing inflation and soaring food and gas costs, many people are struggling these days and putting food on the table is a common challenge these days. Plain and simple, grocery just don’t go as far. As part of our #FinancialFridays series, we are sharing a recent article in The
What IF…You OWE Income Tax? While the majority of the population can expect a return from income tax filing; every individual or family’s tax circumstances are unique. To find out if you will have a refund or owe taxes, it is important to file all your outstanding tax returns. Getting
It’s that time of year when many anticipate the arrival of their tax return? Are you receiving funds this year? If so, why not pause and consider the best use of your money. After all, the funds you will be receiving are not part of your monthly income, so they
TOP 3 TAX SCAM ALERTS Scams and fraudulent schemes are present all year round but most rampant and dangerous during this tax season. The most common tactic scammers employ is the creation of FEAR, anger or excitement! Stirring strong emotions equals fast actions. These con artists aim for vulnerability and
The Covid-19 pandemic brought financial hardship to millions of Canadian residents and they sought the support of government benefits. People who received COVID-19 emergency or recovery benefit payments in 2021 ask these 5 questions during this tax season; 1. Will the COVID-19 benefit payments affect my 2021 taxes? YES. If
Are you a resident of Ontario in 2021? For Ontarians, the government introduced a new refundable Senior’s Home Safety Tax Credit applicable to seniors and individuals who share a home with a senior relative or a non-senior living with or expecting to live with a family member who is 65
Part 1: Seniors Tax Credits / Medical Expense Tax Credits: Make the most of your 2021 tax return by following our #FinancialFridays blog series, highlighting some of the major tax credits that are geared towards seniors. There are a number of tax credits in Canada that only seniors are eligible
The birds are singing and the snow is drip-drip-dripping. Spring is coming. With new seasons also come new costs. When we look at budgeting, we mainly look at monthly expenses and ways to manage those expenses. But there are also seasonal expenses as well. Some may be switching from winter
The United Way of Bruce Grey is proud to welcome Sharon Safra to our team. Sharon will be taking over as our Financial Literacy Coordinator from Caroline Araujo Abbotts who will be leaving shortly on maternity leave. Sharon is a kind, caring and compassionate person who brings with her abundant
As we learned in our Financial Friday feature last week, our ideas and habits with money develop early in our lives. What did you learn from watching and listening to those around you? What was the best advice you ever received?… And what was the worst? I’ll go first. Worst:
