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Crispy Fried Chicken Sandwiches

  Ingredients: Chicken: 4 boneless, skinless chicken thighs or breasts. Marinade: 1 cup buttermilk, 1 teaspoon garlic powder, 1 teaspoon onion powder, 1 teaspoon paprika, and salt/pepper to taste. Breading: 1 cup all-purpose flour, ½ cup cornstarch, 1 teaspoon garlic powder, 1 teaspoon paprika, and a pinch of cayenne (optional for heat). Oil: Enough for deep-frying (vegetable or peanut oil works well). Sandwich components: Burger buns, lettuce, pickles, and your favorite condiments (mayo, spicy sauce, etc.). Instructions: 1. Marinate the Chicken: Mix buttermilk and spices, then submerge the chicken in the marinade. Cover and refrigerate for at least 1 hour (overnight for best flavor). 2. Prepare the Breading: In another bowl, mix the flour, cornstarch, and spices. 3. Coat the Chicken: Take the marinated chicken and coat it thoroughly in the flour mixture. For extra crispiness, dip it back in the buttermilk and re-coat in the flour. 4. Fry to Perfection: Heat oil in a deep pan ...
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5 Tax Changes to Watch Out for in the Upcoming Federal Budget

 

As Finance Minister Chrystia Freeland prepares to deliver the federal budget on April 16, speculation abounds about potential tax changes. While we can’t predict the exact content, let’s explore some possibilities that could impact Canadians. Here are five areas to keep an eye on:

  1. Alternative Minimum Tax (AMT):

    • The AMT ensures that high-income individuals pay a minimum level of tax, even when they claim deductions, exemptions, or credits. Last year’s budget proposed changes to the AMT rules, including raising the rate to 20.5% and broadening the base. Charitable donors should pay attention, as only 50% of the donation tax credit is permitted when calculating the AMT.
    • Tip: Look out for any adjustments to the AMT that affect your tax planning.

  2. Lifetime Capital Gains Exemption (LCGE):

    • The LCGE allows small business owners to shelter capital gains from the sale of qualified shares. Any changes to this exemption could impact entrepreneurs and investors.
    • Tip: Keep an eye on potential alterations to the LCGE limit.

  3. Retirement Taxes:

    • Retirement planning may see adjustments. Watch for changes to Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), and other retirement vehicles.
    • Tip: Stay informed about any modifications affecting your retirement savings.

  4. Top Tax Bracket:

    • Currently, the top federal tax rate kicks in at an income of over $246,752. The NDP previously proposed raising it to 35%. Will this idea resurface?
    • Tip: High-income earners should monitor any shifts in tax brackets.

  5. Capital Gains Inclusion Rate:

    • The inclusion rate determines how much of your capital gains are taxable. A change here could impact investors and property owners.
    • Tip: Be aware of any adjustments to the capital gains inclusion rate.

Remember, these are potential changes, and we’ll have to wait for the official budget announcement to know for sure. Stay informed, consult with a tax professional, and be prepared to adapt your financial strategies accordingly. 

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