The “Internal Revenue Service” is such a bland name for an agency that stirs so much passion. With Tax Day just around the corner, the time is right to figure out what the initials “IRS” really stand for. WARNING: Immature Subject Matter. Viewer discretion is advised. Approximately 1.40 minutes Produced by Ted Balaker. Written by Balaker, Meredith Bragg, Tim Cavanaugh, Paul Feine, Nick Gillespie, Hawk Jensen, Damon Root, Peter Suderman, Josh Swain, Zach Weissmueller, and Matt Welch Related videos: 44 Ways to Say TSA youtu.be Why Aren’t the Rich Paying 50% in Taxes? youtu.be Visit reason.tv for downloadable versions of [More]
The following News Release or Speech has just been posted on the Finance Canada Site … Canada’s New Government Reduces Debt Burden to Lowest Level in Quarter Century The Honourable Jim Flaherty, Minister of Finance, today tabled in Parliament the Debt Management Report for 2005–06, which reports that Canada’s New Government has eliminated $13.2 billion in federal debt. “This achievement will yield interest savings of approximately $650 million each and every year,” said Minister Flaherty. “That’s money that can be used to provide priority programs or further reduce the tax burden on Canadian families and businesses.” The Government has reduced [More]
Here’s a good site to check the validity of Canadian charitable donations made during the year, directly on the Canada Revenue Agency website … https://apps.cra-arc.gc.ca/ebci/haip/srch/sec/SrchLogin-e?login=true This site is handy for me checking to see if charities are legit or not. A client insisted that a charitable contribution was made during 2005. After looking at the receipt, I informed my client that it was not an official charitible donation, that although in the good of their hearts the receipt does show a generous contribution made to a company, and it was described as a “donation” .. there was no registered charity [More]