Taxes

Are You Missing Out On Tax Refunds?

H&R BLOCK CANADA FINDS MORE THAN $50,000 IN

MISSED TAX REFUNDS IN ALDERGROVE, B.C.

Nearly a third of the participants on the Million Dollar Neighbourhood TV series made errors on their returns

Calgary, AB – January 23, 2012 – It is only the first episode of Million Dollar Neighbourhood on OWN: Oprah Winfrey Network (Canada), but thousands of Canadians may have money hidden in their tax returns. H&R Block’s Second LookSM review of tax returns in Aldergrove, B.C., resulted in an additional $50,000 in tax refunds. H&R Block tax professionals found nearly one third of the participants missed credits or deductions and, of the taxpayers with refunds, the average amount was $1,571.

Million Dollar Neighbourhood is a new original series offering an unprecedented social experiment set in Aldergrove in which 100 families have only 10 weeks to raise their collective net worth by $1 million. The first episode aired January 22, featuring H&R Block tax specialists in a segment.

“For most taxpayers, receiving a Notice of Assessment means their tax return is approved, but it doesn’t mean you claimed everything you are entitled to,” says Cleo Hamel, senior tax analyst, H&R Block Canada. “In our experience in Aldergrove, we uncovered missed credits and deductions that resulted in refunds from $100 to more than $10,000.”

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Investing

What Is Forex Trading? A Guide For Beginners

Wine, gold, real estate and collectibles are popular alternative investments to cash and stocks. Trading currencies, or forex, however, is an investment gaining popularity among investors looking for alternatives to the volatile stock market. Here, we will look at how to start trading forex.

Warning: You should always seek professional advice before commencing with forex trading as it is a highly leveraged financial product which comes with risks. Never invest more than you can afford to lose. If in doubt, do NOT trade.

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Household

Why Downsizing May Be Right For You

Owning or renting a large home, condo, or apartment comes with a ton of responsibility both financially and physically. For many looking to take a few burdens out of their life, downsizing their homes may be a good option – especially if you are now empty-nesters. Downsizing your home space can save you a couple, if not several, hundred dollars a month – giving you the financial freedom you’ve been seeking. This is especially appreciated by those who have retired and are looking for a 55+ community to live in. By choosing to search homes for sale in Tellico Village, and other locations for a retirement community, you’re saving money on a smaller property and enjoying your retirement in a friendly community. A few of the most advantageous ways downsizing saves you money includes:

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Household

How To Reduce Food Waste – 5 Freezer Tips

Can you believe that most households in North America waste about 25% of their food?  Want to reduce the amount of food you waste every year?  Below are some great freezer tips that will help you to do just that.

1.  If you have leftovers from dinner, put them directly into the freezer so that they don’t go to waste, rather than forgetting about them in the fridge and then throwing them out because they’ve gone bad.

2   Prevent freezer burn by double bagging your food.  Put individual items into inexpensive sandwich bags and then put a number of the smaller bags together in a larger freezer bag.  You can reuse the freezer bag over and over since it never touches the food directly.

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