Short Takes: Tax Software Accuracy and Cutting Allowances

1. Canadian Financial DIY has done extensive testing of Canadian Web tax software, and has found inconsistencies among the many available CRA-certified products. CRA has replied with an explanation of what CRA certification does and does not cover. It turns out that CRA certification means a lot less than I had assumed. You may be surprised as well.

2. Preet asks whether parents should cut their kids’ allowances during a recession. I can’t see doing this for young children, but it may make a good lesson for a mature 15-year old. The risk is that it will seem like random undeserved punishment without delivering the intended lesson.

Comments

  1. Big Cajun ManApril 10, 2009 at 7:01 AM

    Thanks for the mention, enjoy the extra long weekend! Happy Good Friday.

    ReplyDelete

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