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SOS TAXMAN
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Sharing articles and comments on tax planning. Let's help save you money!
Sharing articles and comments on tax planning. Let's help save you money!

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Tax changes with the Liberal government. Some will pay more and others will pay less. http://ow.ly/TLMTw
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This is a good way to get cash flow without paying tax or OAS claw back. http://ow.ly/T57oS
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You can only deduct legal fees in certain situations. The following article illustrates one situation where it was not deductible.


http://www.advisor.ca/tax/tax-news/deducting-legal-fees-179331?utm_source=EmailMarketing&utm_medium=email&utm_campaign=AM_Bulletin
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I like this article on TFSAs. The stay at home parent can definitely use a TFSA. http://ow.ly/SG8On
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Minimize U.S. tax for an American spouse. Be careful what you invest in to avoid extra US filings and taxes. http://ow.ly/SCsls
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Medical Marijuana can be deducted on your tax return. http://ow.ly/SbMer
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Some of my clients have been called by people impersonating CRA officials. CRA will send collections letters first. http://ow.ly/RZk0w
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This is the largest tax preparer penalty I have seen. http://ow.ly/RX9ar
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It is best to calculate the correct taxes. Do not overpay but do not evade taxes either. Keep the receipts as proof.

http://www.advisor.ca/news/industry-news/mystic-pizza-owner-sentenced-to-jail-for-tax-evasion-188679
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