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Education Saving Strategies

Many parents consider college or university education important. In fact, statistics provided by the Government of Canada indicate that a high school graduation is three times more likely to  be unemployed than a university graduate.
If you are thinking of saving for your child’s education, here are five savings strategies you can use.

Source: Canadian Tax Resource

is life insurance tax deductible - News


Tax tips for the 99% Washington Post
- Feb 05, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEmq6tptEE0gd_HgvT9jaCTU8ui8Qamp;url=http://www.washingtonpost.com/business/tax-tips-for-the-99percent/2012/01/31/gIQArpDCqQ_story.html?tid%3Dpm_business_popbbTax/b tips for the 99%/b/abr /font size=-1bfont color=#6f6f6fWashington Post/font/b/fontbr /font size=-1Avoiding a 28 percent btax/b makes a 3.5 percent btax/b-free rate equal to a 4.86 percent btaxable/b yield (3.5/0.72). Remember points on a second home: When you buy your principal residence, points you pay to for your mortgage are fully bdeductible/b on your btax/b b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dXbQe-6xxAe7uUMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Get SC tax credits youre due Charleston Post Courier
- Feb 04, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEEf4Wjo49qqRRy6TeXlj5MaLEVSgamp;url=http://www.postandcourier.com/news/2012/feb/05/get-sc-tax-credits-youre-due/bGet SC btax/b credits you#39;re due/b/abr /font size=-1bfont color=#6f6f6fCharleston Post Courier/font/b/fontbr /font size=-1--Expensive homeowners binsurance/b? If your homeowners binsurance/b cost more than 5 percent of the quot;adjusted gross incomequot; on your federal tax form, then South Carolina will give you a btax credit/b for the excess, up to $1250. For example, if your AGI was b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=duiCZwJpUDre3gMamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

The long-term tax saving guide Hindustan Times
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFmcEANDXHbDDBmQ_OaLtyxGlBHpQamp;url=http://www.hindustantimes.com/News-Feed/BusinessBankingInsurance/The-long-term-tax-saving-guide/Article1-806394.aspxbThe long-term btax/b saving guide/b/abr /font size=-1bfont color=#6f6f6fHindustan Times/font/b/fontbr /font size=-1Though various types of blife insurance/b policies, such as endowment assurance policy, money-back policy and unit-linked insurance plans are eligible for btax deduction/b, we advise you stick to term plan. Term plans provide a large cover for a relatively b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=da6_FGr0VycTa5Mamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

Analyse insurance need before buying a scheme mydigitalfc.com
- Feb 01, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGnjLmWPrm5mj_2Gk33iIPrQwIjoQamp;url=http://www.mydigitalfc.com/insurance/analyse-insurance-need-buying-scheme-632bAnalyse binsurance/b need before buying a scheme/b/abr /font size=-1bfont color=#6f6f6fmydigitalfc.com/font/b/fontbr /font size=-1When they say that they want to save your btax/b, they actually mean to say that they want your money. Other day, somebody asked me that because it is proposed in the new direct btax/b code (DTC) that the limit of bdeductions/b towards premium of blife insurance/b b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dXQQR7K8rSCSrZMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Overlooked Tax Deductions Could Save You Thousands OzarksFirst.com
- Feb 03, 2012
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFGdd5J2FyfbxpaPRPu4jyCzjylNAamp;url=http://ozarksfirst.com/fulltext?nxd_id%3D598002bOverlooked bTax Deductions/b Could Save You Thousands/b/abr /font size=-1bfont color=#6f6f6fOzarksFirst.com/font/b/fontbr /font size=-1It#39;s those little known bdeductions/b or big events that we don#39;t relate to btaxes/b that get overlooked. quot;A lot of people don#39;t realize that there are btax/b attributes to a lot of things in blife/b that we don#39;t normally think about,quot; says Shore./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=diMeR5_iWP9Te4Mamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table