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Table of 2023 kilometre rates for the province or territoryProvince or territoryCents/kilometre
Alberta53.0
British Columbia56.5
Manitoba54.5
New Brunswick57.5
Newfoundland and Labrador59.0
Northwest Territories70.5
Nova Scotia58.0
Nunavut67.5
Ontario59.0
Prince Edward Island56.0
Quebec57.5
Saskatchewan52.5
Yukon70.5
Meal expenses
If you choose the detailed method to calculate meal expenses, you must keep your receipts and claim the actual amount that you spent.
If you choose the simplified method, claim in Canadian or US funds a flat rate of $23 per meal, to a maximum of $69 per day (sales tax included) per person, without receipts. Although you do not need to keep detailed receipts for actual expenses if you choose to use this method, the CRA may still ask you to provide some documentation to support your claim.
https://www.econcordia.com/home/CourseDetails.aspx?id=5249&semester=105
Ya, that's me.
It's awesome.
So, I'm going to post some examples of other older fellas that have kids when they are older. A base to start some muses for later.
My friend Darren, brought up
Al Pacino https://people.com/parents/all-about-al-pacino-kids/
Al Pacino is officially a dad of four!
The 83-year-old actor welcomed a baby boy, Roman Pacino, with his girlfriend, Noor Alfallah, 29, in June 2023. The couple, who have been dating since April 2022, announced that they were expecting their first child together just weeks before their son's arrival.
Robert De Niro
https://people.com/parents/all-about-robert-de-niro-kids/
Robert De Niro has six grown kids: Drena, Raphael, Julian, Aaron, Elliot and Helen. In April 2023, he welcomed his seventh child, Gia.
When asked about his six children, the Oscar winner corrected the interviewer and said: "Seven, actually."
"I just had a baby," he explained, though he didn't provide any further details about the little one.
On the red carpet at the N.Y.C. premiere of his film About My Father, De Niro spoke to Extra about welcoming another child at the age of 79.
"I'm ok with it. I'm good with it," he said, adding that raising children "never gets easier" no matter what age you are.
Well, Benjamin David Lloyd Ross is my 6th child, born last year, his mom Megan is such a wonderfukl mom, wife, friend, I am a very blessed husband, father, grandfather, son, man. Alex was my first son, born in 1990, his mom is Janet Heaslip, we met at Ag College. I have 4 girls from my 2nd marriage with Kim Quenneville. They are Lisa, Sara, Chelsie and Charly, they may be step daughters, they are my girls 100%. There is 15 grand kids so far ( one is in heaven). #16 is on track for May 20th, could be a couple more in the works. 11 step sons, if my math is right.
.. To Be continued, check out comments for more thoughts, articles to keep me functioning well, well into my 90's
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A wonderful choice for this award ! Tim
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https://www.advotaxlaw.ca/post/a-basic-guide-on-bare-trusts-for-canadian-taxpayers
there is new trust rules that are now law
lots of requirements and it may affect many people unawares
this article is a good starter to help determine responsibility for reporting
we do trust returns , CRA has geared up the online reporting options
Lots to think about
As always please review comments below for more info gleaned for this topic
https://www.healthline.com/nutrition/benefits-of-grapes#TOC_TITLE_HDR_14
looks like grapes are a must for anyone's diet, they are in mine
great article on the benefits of grapes
i am growing a few grapes at the ranch, I think I need to take it a bit more seriously
Sources include: USDA
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Amount Per1 cup (92 g)
|
| Calories 62 |
| % Daily Value* | |
| Total Fat 0.3 g | 0% |
| Saturated fat 0.1 g | 0% |
| Cholesterol 0 mg | 0% |
| Sodium 1.8 mg | 0% |
| Potassium 175.7 mg | 5% |
| Total Carbohydrate 16 g | 5% |
| Dietary fiber 0.8 g | 3% |
| Sugar 15 g | |
| Protein 0.6 g | 1% |
| Vitamin C | 6% | Calcium | 1% |
| Iron | 1% | Vitamin D | 0% |
| Vitamin B6 | 5% | Cobalamin | 0% |
| Magnesium | 1% |
| *Percent Daily Values are based on a 2,000 calorie diet. Your daily values may be higher or lower depending on your calorie needs. |
“As Good As I Once Was”
that was his most popular song.
I Found out today that he died at 62 a few days ago. Stomach Cancer
lots to think about in his interview, Faith, God, your foot steps
https://youtu.be/KO_57iSfaJo?si=rRhMa1KCmLGfY_Qc
As always please check out the comments below for more history that will be posting later as I find it.
a few songs are posted down there
When you win the $7000 , be sure and come and see me
You could win $7,000 to help fast-track your financial goals!
You could max out your TFSA.
A TFSA offers tax-free growth on investments, providing a flexible and versatile savings tool. The annual TFSA contribution room limit has been raised to $7,000 for 2024 which you could win!
Important dates:
Start date: February 5, 2024, at 2:00 p.m. ET
End date: March 28, 2024, at 5:00 p.m. ET
Our offices at Brock Shores Financial will be closed this day. We hope you have a wonderful day off and are able to enjoy it with your family
#betheadventure #BrockShoresFinancial
https://youtu.be/sDJl1u8UnT4?si=fVsPQo9AP4frIyF1
Subject: A tax that Canadians might all support , except 1 or 2
"Great resource .... New or Existing, this is a good little overview, taxes to feed the golden goose , yes the Goose eats to much, we all eat a little too much. If you are lucky, you might have friends that can take care of you on your vacation, this happens for the odd turkey in this country .... I wonder how much scratching would happen if larger gifts from friends was deemed a taxable benefit for say politically exposed persons , that might be a good idea. CRA could do a poll to see if that would be an acceptable tax to be implemented"
So ....
Do a poll , have fun, Federal be a good place to start.
A worldly vacation taxable gift benefit, issue a T4A , code WTF , and kicks in when the gift exceeds .... pick your number
9000 a day
1000 a day
500 a day
10 a day
Only Politically Exposed Persons and their Family being subject to the taxable benefit.
Penalties for not issuing the T4A WTF , start at 5,000 for individuals and 50,000 for corporations.
For those issuing a T4A WTF they receive a refundable tax credit equal to $500 . The gift giver should be rewarded for their influence petaling and to help with the filing cost.
This is definitely an under utilized source of revenue for government to consider. A tax designed to encourage social responsibility amongst politically exposed persons and help generous patrons be recognized for their contributions. I think Canadians would rally around this initiative and a whole new government bureaucracy could be created, more good paying jobs, I would put that department on a base salary plus commission!
All the best with this opportunity.
Cheers
Tim
Please check out the comment section for additional thoughts will be posted there. (FYI check out all our blog posting comment sections as that is where you will find additional information on the topic, reason, it's a quick place for me to post info as i find it, click, done, plus it typically makes a nice picture that many articles come with)
I also encourage you to register yourself and enjoy your own daily reminder direct from NH , click here https://www.naphill.org/tftd-signup/
** Napoleon Hill's Thought for the Day:
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** Act on your own initiative, be prepared to assume full responsibility for your acts.
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One of the primary differences between those who achieve great things in their lives and those who manage only to "get by" is that successful people learned early in life that they were responsible for their own actions. No other person can make you successful or keep you from achieving your goals.
Taking the initiative means assuming a leadership role, a position that singles you out for praise – and for criticism. The good leader is one who shares the credit for success with others and assumes full responsibility for failures or temporary setbacks. When you accept responsibility for your actions, you gain the respect of others and are well on the way to creating your own future.
Success is doing ordinary things extraordinarily well.
** Napoleon Hill's Thought for the Day: ------------------------------------------------------------ ** Sound character begins with keen ------------------------------------------------------------ ** self-respect. ------------------------------------------------------------ No one really knows for sure how we develop self-respect, but the experts believe it begins at a very early age. Parents who show their children that they love them unconditionally—just because they are who they are—build a foundation of health self-respect that will sustain the children for the rest of their lives. From this foundation comes the moral and ethical structure known as character. Healthy self-respect should not be confused with egotism. An egotist loves himself for the most superficial of reasons, while a self-respecting person takes pride in qualities of character that he or she has worked hard to develop. man running on sidewalk early morning Trust the process. Male sitting at desk with L.C. Smith typewriter ** From the Napoleon Hill Foundation® Archives
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"Along with the new filing requirements, the CBCA updates increased the maximum fine for corporations for non-compliance to $100,000 from $5,000. In addition, individual officers, directors or shareholders could be liable for fines of up to $1 million and a maximum prison sentence of five years if they are convicted of an offence related to compliance failures."
We must read on , more disclosures for private companies, that is pretty every incorporated business that is not listed on the stock exchange.
Looks on the surface the intent is to bludgen small business owners and create some more work for lawyers and burecarts.
A great link to start off 2024 with some health conciousnes
Check out Ramona Braganza she has a wealth of knowledge and experience in this area of life !
" Employers will be extra busy this tax-filing season providing eligible employees with completed tax forms they’ll need to deduct home office expenses on their 2023 returns.
The temporary “flat rate” method, which allowed Canadians working from home due to Covid to claim up to $400 in employment expenses in 2020 and up to $500 in 2021 and 2022, is not available for 2023. That method did not require the employee to get a form from their employer.
Employees who worked from home in 2023 and who are eligible to claim home office expenses will have only one option — the “detailed” method, which will require a completed Form T2200: Declaration of Conditions of Employment from their employer.
Form T2200: Declaration of Conditions of Employment
https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/t2200s/t2200s-fill-22e.pdf
Year 2023 form to be available near end of January 2024
Received this article on farm online resources, looks like some good and interesting links.
Let's start with tax breaks
https://financialpost.com/personal-finance/taxes/buying-first-home-top-3-tax-strategies-use
HBP
FHSA
First Home Buyers Credit
Building, Major Renovation- HST rebate
Reno, for Disabled and Elderly
Afordability
Mortgages
