https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5 Tips and Resources en-us 2019-11-26 02:39:20 UTC 2025-09-24 23:32:11 UTC hello@padlet.com kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416479008 Within this padlet, viewers should expect to gain an understanding of how income taxes are processed and carried out while also gaining knowledge regarding various beneficial tips and resources under an income tax basis.]]> 2019-11-26 02:41:49 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416479008 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416480653 TaxTips is a website specifically designed to assist consumers in their quest to achieve financial freedom and stability. Tax Tips provide services such as RRSP & RRIF calculators, mortgage and other calculators to help potential customers determine how much tax they will pay,  how long their money will last, and how to cut their interest costs on various expenditures.

I chose this website because it provides the calculating resources consumers need to help them know their exact financial status and what they will be required to pay so they are actively aware of their current status.]]> 2019-11-26 02:48:33 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416480653 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416484399 H&R Block provides clients with the financial knowledge of how to stay organized during the tax season, how to avoid CRA's radar amongst other tips to get the most out of your tax returns etc. 

This website provides the proper intel to various persons who are not sure on how to file taxes and are seeking professional guidance so they don't make careless mistake during the process.

]]> 2019-11-26 03:05:11 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416484399 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416486279 TurboTax provides intel regarding tips and advice on the basis of tax credit for self employed personnels, tax free savings accounts (TFSAs) in Canada while educating clients on how credits and deductions are processed and what are the determining factors within the cycle. 

This website is useful because allows viewers to understand what factors determine their total tax income and helping them to understand how credits and deductions play a pivotal role in how much money they are required to pay.]]> 2019-11-26 03:14:06 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416486279 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416488914 Canada.ca is a well known website internationally whether it be on a tax basis or even stretching to the horizon of immigration. However, they do provide a sufficient amount of information regarding personal income taxes. They provide data regarding how to do your taxes, your tax obligations, tax refunds, personal income tax rates which are severally important from a taxpayer's point of view.

This website is useful because it can be used as an additional tool to understand the rates at which your personal income is being taxed on a daily basis while making sure you are cooperating fully with the government requirements and are not in a bad standing. ]]> 2019-11-26 03:27:26 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416488914 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416490589 This video explains how income taxes operate on a personal   level. She explains that income taxes are organized within brackets based on  different percentages and categorized by single, married filing jointly or qualified widow/widower.

Income taxes are progressive which means that the tax rate increases as the taxable amount increases which means the higher the salary of an individual the more taxes they are required to pay.]]> 2019-11-26 03:37:39 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416490589 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416494153 This video embraces a storyline of three brothers who were all similar in some ways but the main difference between them was the fact that even though they worked the same profession as carpenters, they all worked a different number of hours bringing home different level of incomes. 

This video teaches us that because you are making more income you are basically required to pay more in various life situations while also on a tax basis.


]]> 2019-11-26 03:56:13 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416494153 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416496745 This video shows how the tax brackets work. Deductions are not taxed and is misinterpreted by a lot of individuals. Tax brackets operate under marginal tax rates which is the ratio at which an individual is taxed. ]]> 2019-11-26 04:09:25 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416496745 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416497522 This video focuses on how taxes are split up among the population. Amongst the population, the group which makes 10% of a countries income pay 10% of the country's taxes and so on. He talks about how the payroll taxes of high earners assist in the subsidization of the social security and medical benefits of low income earners receive after retirement.

This video is useful because it helps viewers to understand how the tax system correlates with their earnings and benefits.]]> 2019-11-26 04:14:01 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416497522 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416499508 This photograph breaks down what the income tax bracket looks like and what the required fields are when submitting a completed form.]]> 2019-11-26 04:24:42 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416499508 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416499807 This picture provides potential taxpayers information on tax savings tips they may be unaware of which could subsequently assist them in the future.]]> 2019-11-26 04:26:51 UTC https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416499807 kadeemrichard_armstrong https://padlet.com/kadeemrichard_armstrong/we58z54p6ra5/wish/416500129 What did you learn about your topic that surprised you the most?
I was shocked to discover that there were so many factors that you have to be conscious about when filing your'e taxes and how long and stressful the process can truly be.

Provide a real-life example of how this topic is relevant or interesting for you.
This topic is relevant to me because I am at that age in life where I will soon be required to file my taxes and complete this process and by carrying out thus assignment I have discovered some of the beneficial tips on how to complete the process successfully and what determines how much tax I will be required to pay.

If you could pass on the knowledge to a family member or friend, what do you think is the most important thing to pass on?
In regards to this research, I would advise my family/friends to look in hidden factors that a majority of people may be unaware of when filing their taxes so they can save more and be more financially stable.




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