Category Archives: Tax
The Alternative Minimum Tax May Be Affecting More People Than Anticipated
The Alternative Minimum Tax (AMT) was introduced into the tax code in 1969 with the intentions of ensuring that taxpayers who earned a significant income paid some level of taxes even after taking advantage of tax benefits. The AMT is … Continue reading
2009 Personal Tax Returns – New Tax Breaks
It’s that time of year again, where Canadians must file their personal income tax returns for the 2009 year by no later than April 30, 2010. There have been several new tax breaks for the 2009 year that you should … Continue reading