NEWS
Tax Tips for Service Industry Employees
Many workers in the service industry receive tips as a regular part of their income. Employees must keep track of their own tip and gratuity income and report the amount on their taxes. The full amount received as tip and gratuity income is fully taxable and is reported on Line 104 of the T1 General.
February 5, 2009 | read more »Maximizing Transferable Tuition And Education Credits
Of all the investments we make during our lives, one of the most important, and the one with the highest rate of return on investment, is education. There is no doubt about it. Unfortunately, one of the big obstacles in obtaining a post-secondary education is the cost.
February 2, 2009 | read more »