Understanding Personal Tax Credits

Have you ever thought that you’re paying too much income tax? You may be, if you’re not claiming all of the tax credits for which you are eligible when you file your federal tax return. These credits may significantly reduce your tax liability. What is a tax credit? A tax credit is a dollar-for-dollar reduction of your tax liability. Generally, after you’ve calculated your federal taxable income and worked out…  Read more

Financial Professionals: Who’s Who

Financial Professionals: Who’s Who By IDFA on March 27, 2012  What do those letters that follow the names of financial experts mean? During your divorce, you need sound financial advice to ensure the settlement is fair to both parties; afterwards, you’ll probably need help adjusting to your new circumstances and planning for a secure future. Here’s an introduction to some of the financial professionals you may need. CPA/CA/CGA: an accountant can…  Read more

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