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March 2010
INSIGHTS FROM
THE TAX ADVISORY
AT H&R BLOCK
The Tax Advisory at H&R Block is a select group of senior tax professionals. Follow them as they blog regularly on tax topics and provide their insights on how it could impact you.
GET ORGANIZED FOR TAX TIME & FEDERAL BUDGET 2010 UPDATE
GETTING ORGANIZED FOR TAX SEASON WHEN WILL MY SLIPS COME IN? QUEBEC EXTENDS DEADLINE FOR DONATIONS TO HAITI
March-9-2010 March-9-2010 March-9-2010
It would be handy if all the slips you needed to prepare your tax return arrived at the same time in one envelope. Unfortunately, life doesn't work like that and slips and receipts can come in throughout the year.

Getting your taxes organized can be as easy as a legal sized envelope...
When you can start completing your tax return really depends on when you receive all the paperwork.

Here is a quick outline of what slips are pending...
The Minister of Finance of Quebec announced that donations made by residents to support the victims of the earthquake in Haiti could be claimed on 2009 provincial tax returns. Donations made from January 12 to February 28, 2010, to charities assisting victims of the earthquake qualify for this extension. Usually the annual deadline for charitable donations is December 31.
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  Tax question? H&R Block's Tax Advisory is here to answer them.
2010 FEDERAL BUDGET BRINGS ONLY MINOR TAX CHANGES
Canadians hoping that the popular Home Renovation Tax Credit would be extended in the Federal Budget were disappointed. And there were not a lot of general tax credits or deductions to look forward to in 2010.

For the government, the focus is on controlling the deficit. The goal is to return to a balanced budget. But the return to a balanced budget will be accomplished without tax increases so Canadian taxpayers can take some comfort in that plan.

The budget does contain several personal tax measures that could impact your household...

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