Lately, anyone with any interest in world events, will no doubt have noticed the hysteria across the border as Americans took advantage of the Cash for Clunker’s program to trade in their beaters for a new car. ¬† Up to$4,500 in free money towards a new car was apparently enough to convince 625,000 people that the time was right.

But did you know that right here in Canada we have our very own Cash for Clunkers program?  No?  Well, read on.

If  you are the proud owner of a licensed and insured 1995 or older car (must be in running condition!) you can send that car to the scrap yard, and qualify for a reward!  Rewards depend on the province you live in, but here in Nova Scotia you can either get $300 cash, or a free bike, or 6 months of free transit, or membership in a car sharing program.

Not exactly the same as $4,500, but this is Canada!

The program is really called Retire Your Ride.  Read all about it by going to: http://www.retireyourride.ca/home.aspx

Filed under: Consumer Tax by David Boese No Comments »




Sept 1, 2009: ¬†The country’s top tax man, also known as¬†Jean-Pierre Blackburn, Minister of National Revenue, was in beautiful Nova Scotia yesterday. ¬†He dropped off a cheque for $121,000 to a local company, and he was also dropping hints that there may be an extension to the Home Renovation Tax Credit.

“It is going very, very well,” Blackburn told The Chronicle Herald‚Äôs editorial board Tuesday.

“It started on Jan. 28 and it will stop on 31 January (2010) but I may say we already have many requests asking us to postpone it for one more year, so I am sure the minister of finance will look at that carefully.”

You can read the full story here:  http://thechronicleherald.ca/Columnists/1139389.html

EDIT by David Boese, January 28, 2010: Well, it’s not looking so good for that extension, folks. ¬†The Minister of Finance, Jim Flaherty, is telling us that the credit is scheduled to stop January 31, 2010. ¬†Or, is he just building suspense for his March 2010 budget? ¬†Probably not, but we’ll see.

Remember, if you have your supplies purchased and paid for by the end of January, they’ll qualify for the HRTC, even if you don’t have everything installed by that date.

Filed under: Personal Tax by David Boese No Comments »




Is it your job in your business to issue layoff papers, also known as separation papers, and officially known as Record of Employment forms? ¬†If so, have you signed up for the ROE Web service yet? ¬†It doesn’t make preparing an ROE exactly fun, but it sure takes some of the pain out of the job!

But be prepared. ¬†It’s not a walk in the park to get registered. ¬†Maybe you’ll all find it easier than I did. ¬†Share your experiences of how you manage!

http://www.servicecanada.gc.ca/eng/ei/employers/roe_web.shtml#register

Note: if you are looking to order ROE paper forms, read this post:

http://www.prioritytax.ca/blog/other-tips/how-to-order-paper-record-of-employment-roe-forms/

Filed under: Business tax by David Boese No Comments »




Back-up your data. Safely.


August 17th, 2009

Picture this: ¬†You are one of those people who are diligent about backing up your data. ¬†Every day you carefully backup your important files, knowing that if something goes wrong you’ll be back in business in a few minutes. ¬†And then it happens. ¬†Your hard drive is lost in a power surge. ¬†No problem, right?

No problem, as long as your backups are *not* on your hard drive.

Too many people still store all their backups on their local hard drive. ¬†I don’t have any statistics to go by here, but I’m guessing that in a majority of cases, if you need to restore a backup, it’s because you are having problems with your hard drive. ¬†And if you are having hard drive problems and your backups are on your hard drive, well then you’ve REALLY got problems!

There are a number of solutions out there, for storing backups off of your computer. ¬†I’m not a tech guy, so I’ll leave all the details to people like Nick Gunn at www.scotiasystems.com. They love such stuff. ¬† But I suggest either getting a portable hard drive and setting it to automatically backup your main hard drive on a regular basis, or better yet, subscribe to an online backup service like iBackup, or Data Deposit Box.

In short, be sure that your backup plan is a good one.  Nasty things really DO happen to computers, so prepare yourself.

Filed under: Other tips by David Boese No Comments »