Personal Finance

Better Finances for a Better You

Topic: "Tax Planning"

← Curating the web to find the most interesting and helpful information about your money.

Infographic of the week

Visualizing the Tax Burden of Every U.S. State

This map graphic visualizes the total tax burden in each U.S. state as of March 2024, based on figures compiled by WalletHub.

Visualizing the Tax Burden of Every U.S. State There are several other U.S. states that don’t charge income taxes →

Serious Stuff

Grocery Rebate: How Much Will You Receive?

On July 5, 2023 some Canadians received a GST/HST credit for the grocery rebate.

  • Canadians who qualified received anything from $234 to $628.
  • Your family size and relationship status affected how much you were eligible to receive.
Calculation sheet for the Grocery Rebate →

Serious Stuff

The Canada Revenue Agency (CRA) issued "grocery rebate" payments to eligible Canadians on July 5th.

You could receive a maximum payment of up to:

If you are single

  • $234 (no children)
  • $387 (with 1 child)
  • $467 (with 2 children)
  • $548 (with 3 children)
  • $628 (with 4 children)

If you are married or have a common-law partner

  • $306 (no children)
  • $387 (with 1 child)
  • $467 (with 2 children)
  • $548 (with 3 children)
  • $628 (with 4 children)
Learn more about eligibility requirements directly from the CRA →

Serious stuff

Despite labour disruptions, the tax filing deadline has not changed. Canadians should take steps to ensure their return is filed by May 1, 2023, along with payment for any balance owing.

Filing dates for 2022 taxes →

Serious stuff

Tax season is upon us. Find key dates including filing and payment due dates and dates for receiving credits and benefit payments from the CRA.

Due dates and payment dates →

Serious stuff

Tax season is upon us and that means it’s a good time to revisit what needs to be done for your 2022 taxes.

It’s always best to go to the right source for important tax information →

← Curating the web to find the most interesting and helpful information about your money.