Comments for MoneyAndWealth http://www.moneyandwealth.ca Analysis and Discussion of Personal Finance Topics That Are Relevant To Canadians Mon, 06 Feb 2012 17:37:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on GenuTax 2011 Tax Software Now Available by Carrie http://www.moneyandwealth.ca/913/genutax-2011-tax-software-now-available/#comment-544 Carrie Mon, 06 Feb 2012 17:37:12 +0000 http://www.moneyandwealth.ca/?p=913#comment-544 I have been using Genutax for years. I love that you don't have to pay each year for it. I love that it is extremely user friendly and that if you do the comprehensive interview, you are sure you don't miss anything. This is great for those that aren't totally aware of all possible deductions out there. After all, when you pay someone else to do it, it is only as good as the information you provide them. What a learning experience doing it myself. However, this year, there is the free online TurboTax. I decided to try it....as well, and compare the two. I put in exact same information and figures. TurboTax gave me a greater refund. Not by much (around $20) but what difference should it make what software you use? If gov't approved, shouldn't the refund be the same, regardless? I have been using Genutax for years. I love that you don’t have to pay each year for it. I love that it is extremely user friendly and that if you do the comprehensive interview, you are sure you don’t miss anything. This is great for those that aren’t totally aware of all possible deductions out there. After all, when you pay someone else to do it, it is only as good as the information you provide them. What a learning experience doing it myself. However, this year, there is the free online TurboTax. I decided to try it….as well, and compare the two. I put in exact same information and figures. TurboTax gave me a greater refund. Not by much (around $20) but what difference should it make what software you use? If gov’t approved, shouldn’t the refund be the same, regardless?

]]> Comment on Canadian Tax Software 2011 by GenuTax Tax Software 2011 Now Available | MoneyAndWealth http://www.moneyandwealth.ca/753/canadian-tax-software-2011/#comment-542 GenuTax Tax Software 2011 Now Available | MoneyAndWealth Sun, 05 Feb 2012 19:47:03 +0000 http://www.moneyandwealth.ca/?p=753#comment-542 [...] Canadian Tax Software [...] [...] Canadian Tax Software [...]

]]> Comment on Source of Canadian Government Tax Revenue by Jen http://www.moneyandwealth.ca/222/source-of-canadian-government-tax-revenue/#comment-540 Jen Thu, 02 Feb 2012 05:07:41 +0000 http://www.moneyandwealth.ca/?p=222#comment-540 Could you please give me any links to the source of this graph? I was amazed to see these numbers. Could you please give me any links to the source of this graph? I was amazed to see these numbers.

]]> Comment on My Retirement Plan by My Retirement Plan | MoneyAndWealth – Best Retirement Information http://www.moneyandwealth.ca/803/my-retirement-plan/#comment-511 My Retirement Plan | MoneyAndWealth – Best Retirement Information Sat, 14 Jan 2012 23:26:16 +0000 http://www.moneyandwealth.ca/?p=803#comment-511 [...] in my RRSP, but plan to contribute again this year. … … Read the original here: My Retirement Plan | MoneyAndWealth ← Walnut Creek Retirement Planning – Create a Retirement Plan in [...] [...] in my RRSP, but plan to contribute again this year. … … Read the original here: My Retirement Plan | MoneyAndWealth ← Walnut Creek Retirement Planning – Create a Retirement Plan in [...]

]]> Comment on How To Become A Millionaire by My Retirement Plan | MoneyAndWealth http://www.moneyandwealth.ca/37/how-to-become-a-millionaire/#comment-510 My Retirement Plan | MoneyAndWealth Sat, 14 Jan 2012 20:57:22 +0000 http://www.moneyandwealth.ca/?p=37#comment-510 [...] of my corporate pension and CPP benefits. Last year I wrote a post that demonstrated that you can easily acquire over 1 million dollars in savings by contributing to your TFSA over a 30 year period with a reasonable rate of return on your investments. I plan to withdraw [...] [...] of my corporate pension and CPP benefits. Last year I wrote a post that demonstrated that you can easily acquire over 1 million dollars in savings by contributing to your TFSA over a 30 year period with a reasonable rate of return on your investments. I plan to withdraw [...]

]]> Comment on Estimate Your Canadian Pension Plan (CPP) Benefit by My Retirement Plan | MoneyAndWealth http://www.moneyandwealth.ca/582/estimate-your-canadian-pension-plan-cpp-benefit/#comment-509 My Retirement Plan | MoneyAndWealth Sat, 14 Jan 2012 20:52:01 +0000 http://www.moneyandwealth.ca/?p=582#comment-509 [...] I hit the age of 65 I will be eligible to receive CPP payments. I wrote a post last month on How You Can Estimate Your Canadian Pension Plan Benefits. If I retired today I would receive a monthly payment of $408.32 per month or $4,899.84 per year [...] [...] I hit the age of 65 I will be eligible to receive CPP payments. I wrote a post last month on How You Can Estimate Your Canadian Pension Plan Benefits. If I retired today I would receive a monthly payment of $408.32 per month or $4,899.84 per year [...]

]]> Comment on The Costs of Smoking by youngandthrifty http://www.moneyandwealth.ca/729/the-costs-of-smoking/#comment-499 youngandthrifty Thu, 12 Jan 2012 05:37:45 +0000 http://www.moneyandwealth.ca/?p=729#comment-499 Haha, I should get my boyfriend to read this. Le sigh. Here in Canada, it's $10 a pack! Even more reason to quit. Haha, I should get my boyfriend to read this. Le sigh.

Here in Canada, it’s $10 a pack! Even more reason to quit.

]]> Comment on 2011 Income Tax Calculator by Quick Budget Excel Spreadsheet | MoneyAndWealth http://www.moneyandwealth.ca/307/2011-income-tax-calculator/#comment-484 Quick Budget Excel Spreadsheet | MoneyAndWealth Sun, 01 Jan 2012 16:50:25 +0000 http://www.moneyandwealth.ca/?p=307#comment-484 [...] 2011 Income Tax Calculator GA_googleFillSlot("MoneyAndWealth_728_90"); ← Employment Insurance – How It Works [...] [...] 2011 Income Tax Calculator GA_googleFillSlot("MoneyAndWealth_728_90"); ← Employment Insurance – How It Works [...]

]]>