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News Round Up: Last Minute Tax Tips

Posted by Dave Clarke on April 9, 2013 at 6:09 AM

If you're procrastinating certain tax-related activities like, you know, FILING, we've rounded up some last minute tax tips to keep you occupied Be warned though, all of these articles have a common theme and that's get your procrastinating self in gear and meet the April 15 filing deadline!

Tax Tips for Procrastinators Counting Down to April 15 (Reuters)
Tax day this year falls on a Monday, making it all the more enticing for procrastinators to attempt to cram in all their accounting on the weekend prior. If this is your plan, you have a little bit of an excuse: The tax season started slowly as the Internal Revenue Service reworked many forms, as required by the year-end tax changes. But that doesn't make it any less painful now...

6 Tax Tips for Parents (CBC News)
In January, Ottawa paid out more than $2 billion in GST tax credits, child tax benefits and universal child care benefits. To ensure you get your share of those and other benefits and tax deductions, we've compiled a rundown of some of the things to think about when it comes to your kids and your taxes — from birth to when they leave the nest...

10 Tax Tips for Small Businesses (TIME)
Jamie Bsales at Small Business Computing offers a number of tips for small businesses at tax time. Here are 10 of them...

CPA Offers Last-Minute Tax Tips to Business Owners (NJBiz)
Like everyone else, small businesses are getting ready for the April 15 tax deadline. This year, they have a few extra breaks thanks to the American Taxpayer Relief Act of 2012, which was designed to spur innovation and support capital investment...

Many Ways to Reduce Your Taxes (The Canadian Press)
The Canadian tax system has numerous benefits, credits, investment, income splitting and other means taxpayers can use to reduce the amount of tax they pay each year. The key is knowing what's available, what you qualify for and then making the claim. You won't get back what you don't claim...

Topics: Bookkeeping, Canadian Tax Tips, Personal Finance, Accounting Basics