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Question: buying a car …help ?

me and my family are new in toronto, canada. It’s been two years since we’ve come here. My mom works in a Dollar Store and dad is a part time professor at Centennial College. Being part time, he doesn’t get paid much; about $600/mo and mom makes about $1000/mo and i have two more bros (age 13). and i (Grade 12) work at Mcdonalds make about $300/mo. so you can see that our financial status is very poor.
Well now i feel that buying a car has become very necessary for us. For different reasons it’s really hard to live without a car and specially in winter.

So is there any possibilities that Ontario Govt can help us by putting low tax and insurance on car. We have the money to buy the car but tax and insurance are the main problem to face.

if so how and what to do to make govt lower that taxes or can we take social service help?

plz any help appreciated. thanks in advance..

Answer: The government won’t lower the taxes on your car, sorry. They can’t really do much to help you in this situation. Insurance coverage is more up to you and your company than anything or anyone else. You can pay for the least expensive option but if you get into an accident you might be completely screwed.

The best option is to take your budget and remove from it the cost of insurance and tax. If that leaves you with an almost non-existent budget, then you need to save up for a while. Cars are never cheap and they need to be planned for with money in the back in case something goes wrong. In situations like yours, provisions need to be made not just for the cost of the vehicle but for all of the inherent maintenance and fees.

Conrad Black tax evasion charges dropped by the Canada Revenue Agency: lawyer

TORONTO – Chalk up a Canadian legal victory for Conrad Black, the former newspaper publisher who is fighting to have his U.S. fraud convictions overturned.

Final Return and Tax Planning | Deceased-Tax-Returns-Canada.com (Toronto Services)

Great Wall Motor sets sights on US

Domestic automaker Great Wall Motor plans to make a sales push into Europe, the US and Africa despite potential obstacles to market entry, said Shi Qingke, deputy general manager of the company’s international department.

Manchester Fuel Protest 2008-06-05

UK News: Cameron to defend ‘unravelling’ reforms

DAVID Cameron will be forced to defend cuts to child benefit today amid Labour claims the key welfare reform policy was “unravelling”.

Car Tax Renewal Advert 1 (30 secs)

NJ lawmakers consider horse racing’s future

The long-running battle between northern and southern New Jersey over whether horse racing tracks should be allowed to install casino games was rekindled Friday during a legislative hearing at the Meadowlands that ended with…

Can New York State Government Be Reformed? – Manhattan Institute Panel

Question: What is the average salary of an entry level tax preparer? I was offered a position with Colbert Tax Services.

Should I respond? Is it worth it? Anyone else work with Colbert Tax Servies?

Answer: They will probably pay you a set $10-15 per hour, but then they will pay you a percentage of what you bring in to the office over and about the pay you took.

Every year you will get faster and faster at doing peoples taxes and you will start to see the same people over and over who will be making more money and paying more for their tax preparations…

Anyway, if you hustle you can make $20 an hour or so, plus you could take those skills and open you own tax prep/bookkeeping service.

Wash., Idaho voters cast ballots with local, national implications – Tue, 12 Oct 2010 PST

Most voters across the Inland Northwest will have their ballots by this weekend for a Nov. 2 midterm election that will decide everything from control of the U.S. Congress to whether wealthy Washington residents will have to begin paying state income taxes. In Idaho, where most ballots are still cast at the polls on Election Day, voters will choose a governor and several other statewide leaders …

Taxes on Short Sale, Loan Modification and Foreclosure – IRS 1099c Cancellation of Debt Income