Ask Gail a Question

If you have a question you need answered, click here and send it to me. I promise to answer one question every week. Make sure you include your email so I can respond directly to you. And if you don’t want your name to show up on the site, just let me know and I’ll remove your name from your question before it’s posted.

Before you send me a question, search the site to see if I’ve already dealt with your issue because if I have you won’t be hearing back from me. Yes, I know you're all individuals, but lots of your questions are quite similar and if I take time to answer the same questions over and over I don't have time to answer new questions. Make sure you search both the site and the blog before you write to me to see if you can find the answer you're looking for. Be as specific as you can when you use the search. If you type in "mortgage" you'll get every article that mentions the word "mortgage." If you type in "mortgage" and "prepayment," you'll get far fewer responses and that will save you having to wade through stuff you're not looking for.

Scroll down the page for a complete archive of questions!
On each archived month, the questions will be listed at the top of the page and are linked to the specific question & answer below. Gail's answers are in green!

This Weeks Questions & Answers....

• I am a sub-contractor (self-employed) and I will need to keep track of all money spent for income tax purposes. I would really appreciate help on how I can organize all this and move forward.
  
  
• On your new show - TDDUP Baby Edition - I thought I heard you say that you can ask for your income tax to be reduced off each pay cheque to increase your income each month (rather then getting a lump sum at the end of the year). Is this true?