Blog – Page 3 – RKHomeowner

Making Sense

Who Pays for the Capital Gains Tax on an Inherited Property?

ByRomana King March 10, 2023March 3, 2023

The estate is required to pay capital gains tax but the beneficiary must complete the requirement.

Making Sense

10 Ways Taxpayers End up in Court with the CRA

ByRomana King March 8, 2023March 3, 2023

Based on a scan of Canadian court cases, using CANLII, there are several reasons why Canadian taxpayers end up in court with the Canada Revenue Agency (CRA) for tax-related offences. The five most common reasons include: 1. Disputes with the Canada Revenue Agency (CRA) Many court cases involve disputes between taxpayers and the Canada Revenue…

Sell

Impact of Tax on Our Earnings + How to Reduce Capital Gains Tax

ByRomana King March 6, 2023March 3, 2023

In order to reduce or eliminate tax owed we need to understand how each type of tax is triggered (+ 5 tips to reduce taxes)

Budgeting

6 Strategies to Help Anyone Struggling to Stick to a Budget

ByRomana King March 3, 2023February 26, 2023

If you struggle with sticking to a budget, here are six tools and strategies to help you stay on track. 1. Use Budgeting Apps There are many budgeting apps available that can help you track your expenses, create a budget, and stay on track. Some popular budgeting apps include Mint, YNAB, Personal Capital, and PocketGuard….

Budgeting

Why is Budgeting Important?

ByRomana King March 1, 2023February 26, 2023

Use these seven strategies to create and update your budget.

Woman-saving-in-RRSP-using-online-formula

Budgeting

What Budgeting Apps Work Best for Canadians?

ByRomana King February 27, 2023February 26, 2023

There are many budgeting apps available that work well for Canadians. Here are a few popular ones: Keep in mind that these are just a few examples, and there are many other budgeting apps available for Canadians. It’s important to do your research and find the app that best meets your needs and preferences.