Pot use a rental concern
85% of landlords would prefer renters who don’t use cannabis Landlords are increasingly concerned about effect of cannabis use on a rental property, according to a poll released Tuesday. Real estate website Zoocasa surveyed Canadian property owners and renters about how they feel since the legalization of cannabis last October. While homeowners and renters seem […]
Taxman eyes your phone
Personal use of work phone may become tax headache The use of a company-supplied smartphone, laptop or other electronic device is commonplace these days, and employers know full well that employees will use them both for work and personal purposes. However, new guidelines from Canada Revenue Agency suggest employers may have to take a fresh […]
What Happens if You Don’t Pay Your Taxes?
TAX SEASON WILL BE HERE before you know it, and you may be wondering what could happen if you don’t file your 2019 returns by the April 15, 2020 deadline. For many people, filing taxes is a straightforward process. Perhaps, you have tax withheld from your paycheck and you file your taxes on your own. Or maybe you […]
Here’s how many workers are saving the maximum in their retirement plans
We all want to max out our 401(k) contributions — and a select handful of taxpayers are doing just that. Some 4.67 million taxpayers managed to squirrel away the maximum $18,000 in employee contributions to their 401(k) in 2016, according to data from the IRS. Those who were age 50 and over were able to […]
This is why Americans have so much trouble saving money
We are all Steve Martin. “I love money. I love everything about it,” he once said. “I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gas-powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” Yes, like the iconic comedian, […]
Social Security benefits to get a 1.6% boost in 2020
It’s official: Your Social Security checks will get a modest increase next year. The Social Security Administration announced Thursday that the cost-of-living adjustment for 2020 will be 1.6%. That number is less than what retirees have received in recent years. In 2019, they got a 2.8% bump, while in 2018 the increase was 2%. Still, […]