Thursday, April 15, 2021

Editor's Note

Blogging will be light until tomorrow (Friday afternoon). 

It's tax time in Canada, and I am preparing all of my paperwork. Will be seeing my accountant tomorrow afternoon, so blogging will return to normal after that..

3 comments:

copley7 said...

Good luck, hopefully you see a refund!

War News Updates Editor said...

Copley7
Sadly no
:(

B.Poster said...

I'm not sure how Canada works but those in the US who are business owners or top managers who plan properly do not get refunds. To get a refund means the government used your money interest free all year.

As an employee, one is somewhat at the mercy of the withholding tables and the employer. As an owner or top level manager, you have more control and I would generally view getting a refund to be poor tax planning!! The operative word here is generally because some people have psychological trouble with owing the IRS and as a Certified Public Accountant who works with allot of people I understand this.