Christie Henderson - Author:
Tax Tips for Canadians for Dummies

Today's post is about Tax Tips for Canadians for Dummies 2008 Edition.

I usually cringe when I have to think of taxes, not because I don't like to pay them, but because they have a lot of detail to learn.

• This new Dummies book is authored by:
  
• Christine Henderson, CA, CFP, TEP
  
• Brian Quinlan, CA, CFP, TEP
  
• Suzanne Schultz, CA, CFP
  
• Leigh Vyn, CA, CFP

The thing I like about Dummies books is that they are full of information, however, the content is boiled down to make it understandable and fun for the reader. There's nothing worse than having to pour through hundreds of pages of technical tax information in order to learn a subject that's forced on us by the federal government.

This book answers the five most commonly asked questions tax questions:

1. Where do I file my tax return?
   
2. When is my tax return due?
   
3. What happens if I file my tax return late?
   
4. Can I change my tax return if I find a mistake?
   
5. Where can I get missing tax forms?

For some people they take their taxes into H&R Block to be processed. Other people like to do their taxes on their own. If you're the type of person that wants to do your taxes by yourself, it's great to have a book that gives you the basics and fundamentals of income taxes.

I first noticed that Christie Henderson is a CA, CFP, and TEP. These credentials stand for, Chartered Accountant, Certified Financial Planner, and Trust and Estate Practitioner. She's also completed CICA's Tax Course, the Canadian Securities Course, and the Canadian Investment Funds Course. This tells me that she's got a pretty good grasp on money and taxes!!

Taxes is all about trying not to pay any more taxes than you have to. There are different types of income that a person can make, and different types of expenses that people can deduct.

In many cases a person works at a 9-5 job and has only the basic deductions. In other cases, people are self employed with income coming in 5 different ways, and they've got alot of different deductions that they can declare. So it goes from easy tax preparation to more complex tax preparation.

The following are the 5 Parts of Tax Tips for Canadians - For Dummies

1. Part 1: Getting Ready to File
   
2. Part 2: Tax Preparation Tips: Reporting Income
   
3. Part 3: Tax Preparation Tips: Claiming Deductions and Credits
   
4. Part 4: After You've Filed Your Tax Return
   
5. Part 5: The Part of Tens

The thing that I like about this book is that it's for Canadians and based on Canadian Tax Law. This is helpful especially if you go online to amazon.ca or Chapters.ca and start looking for tax books. Usually you get 100 American tax books for every 1 Canadian tax book