Tax Return Preparation

North Peace Energy Corp. releases operating and financial results for the three months ended March 31, 2008.

Confused about when or whether you’ll get your money and how much? Here’s everything you need to know.

MONTREAL — Canada enters the global emissions trading market today with the formal launch of the Montreal Climate Exchange.

A handful of Gibsons residents were hoping for a sizeable refund when they brought their tax notices to Liberty Tax Service in late April. Instead, they saw their tax returns enter a twilight zone, only to emerge more than a week later.

Hundreds of thousands of taxpayers who had their e-filing or tax-preparation fees deducted from their refunds are belatedly discovering that they’ll receive their checks by mail “” even if they received direct deposit of their refunds.

Is our federal income tax based on a fair system? This article will give you a little food for thought about the system used to collect our income taxes.

Not all expenses can be claimed as valid business expenses for tax purposes. In a number of areas there is a grey area when an expense could be a business or private expense or may be a business expense used for private purposes. Tax problems can be avoided by understanding which expenses are allowed for tax purposes and which are not allowed.

Tax bills can be reduced if all allowable business expenses are included in costs and receipts retained as supporting evidence. While all business expenses can be claimed it would not be unusual for particularly inexperienced small businesses to fail to claim some business expenses due to uncertainty over what constitutes a valid business expense.

Last summer, Tedbits did a series outlining the unfolding “Crack Up Boom” written about by Ludvig Von Mises. It was well received, to say the least. Now we return to it as the “Crack Up Boom” is front and center to analyzing unfolding economic and political events.