Comments for The Tax Issue http://thetaxissue.com David Wilkenfeld, CA ยท Canadian Tax Consultant Wed, 18 Apr 2012 17:24:49 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on What’s Your Tax Issue? Exam Fees by » Erratum – Exam Fees The Tax Issue http://thetaxissue.com/whats-your-tax-issue-exam-fees/#comment-265 » Erratum – Exam Fees The Tax Issue Wed, 18 Apr 2012 17:24:49 +0000 http://thetaxissue.com/?p=1330#comment-265 [...] post has been corrected and my thanks go out to my attentive readers for pointing this out. ▶ No Responses /* 0) { [...] [...] post has been corrected and my thanks go out to my attentive readers for pointing this out. ▶ No Responses /* 0) { [...]

]]> Comment on What’s Your Tax Issue? Exam Fees by TheTax Issue http://thetaxissue.com/whats-your-tax-issue-exam-fees/#comment-264 TheTax Issue Wed, 18 Apr 2012 15:52:47 +0000 http://thetaxissue.com/?p=1330#comment-264 Yes, Puneet, you are correct. I have edited the post. Thanks for being so attentive and setting me straight!! Yes, Puneet, you are correct. I have edited the post. Thanks for being so attentive and setting me straight!!

]]> Comment on What’s Your Tax Issue? Exam Fees by Puneet Mehta http://thetaxissue.com/whats-your-tax-issue-exam-fees/#comment-263 Puneet Mehta Wed, 18 Apr 2012 15:36:43 +0000 http://thetaxissue.com/?p=1330#comment-263 Hi Dave Sorry to disagree but I think he can deduct it. This was a measure in the 2011 budget. The web site says the payment can be to a "professional association" - which should qualify the RCPS. http://www.cra-arc.gc.ca/gncy/bdgt/2011/qa05-eng.html Hi Dave

Sorry to disagree but I think he can deduct it. This was a measure in the 2011 budget. The web site says the payment can be to a “professional association” – which should qualify the RCPS.

http://www.cra-arc.gc.ca/gncy/bdgt/2011/qa05-eng.html

]]> Comment on What’s Your Tax Issue? Quebec Business Income by stanley frackt http://thetaxissue.com/whats-your-tax-issue-quebec-business-income/#comment-256 stanley frackt Tue, 10 Apr 2012 11:51:46 +0000 http://thetaxissue.com/?p=1314#comment-256 Thank you for this. Timely article. Thank you for this.

Timely article.

]]> Comment on What’s Your tax Issue? Workspace At Home by TheTax Issue http://thetaxissue.com/whats-your-tax-issue-5/#comment-169 TheTax Issue Wed, 07 Mar 2012 18:53:46 +0000 http://thetaxissue.com/?p=1304#comment-169 That is correct, as long as the income-producing use is ancillary to the main use of the property as a residence. That is correct, as long as the income-producing use is ancillary to the main use of the property as a residence.

]]> Comment on What’s Your tax Issue? Workspace At Home by sy http://thetaxissue.com/whats-your-tax-issue-5/#comment-168 sy Wed, 07 Mar 2012 17:55:26 +0000 http://thetaxissue.com/?p=1304#comment-168 If you are self-employed and deduct everything re office in home except cca,you won't be subject to any capital gain? If you are self-employed and deduct everything re office in home except cca,you won’t be subject to any capital gain?

]]> Comment on Support Payments Redux by jeffrey katz http://thetaxissue.com/support-payments-redux/#comment-121 jeffrey katz Fri, 17 Feb 2012 14:35:25 +0000 http://thetaxissue.com/?p=1244#comment-121 you make things so eqasy to understand. keep up the good work. you make things so eqasy to understand. keep up the good work.

]]> Comment on Employment Insurance for the Self-Employed by kidam http://thetaxissue.com/employment-insurance-for-the-self-employed/#comment-109 kidam Sat, 04 Feb 2012 17:40:57 +0000 http://thetaxissue.com/?p=1282#comment-109 A bad bad idea - costly, stuck for life if you claim, and any earned income in the year that you claim will be taxed back - even if it was entirely earned before you asked for benefits. Don't, I repeat don't, enrol in this EI trap, especially with EI so-called premiums slated to rise for the next 4-5 years. A bad bad idea – costly, stuck for life if you claim, and any earned income in the year that you claim will be taxed back – even if it was entirely earned before you asked for benefits. Don’t, I repeat don’t, enrol in this EI trap, especially with EI so-called premiums slated to rise for the next 4-5 years.

]]> Comment on WHAT’S YOUR TAX ISSUE? by TheTax Issue http://thetaxissue.com/whats-your-tax-issue/#comment-105 TheTax Issue Mon, 30 Jan 2012 14:51:29 +0000 http://thetaxissue.com/?page_id=143#comment-105 Hello Nick. Thanks for the question. You might find the answer in my <a href="http://thetaxissue.com/rolling-the-dice-with-the-irs/" rel="nofollow">previous post on the topic</a>. DW Hello Nick. Thanks for the question. You might find the answer in my previous post on the topic.

DW

]]> Comment on WHAT’S YOUR TAX ISSUE? by Nick Chan http://thetaxissue.com/whats-your-tax-issue/#comment-102 Nick Chan Mon, 30 Jan 2012 06:17:19 +0000 http://thetaxissue.com/?page_id=143#comment-102 My Tax Issue Hi David, My wife won a couple of hundred dollars at a US casino last year and was mailed a 1042-S form. She is Canadian and lives in Canada. From her winnings, the casino withheld 30%. Is it mandatory to file a NRA Income Tax Return? If so, does she need to apply for an IRS Individual Taxpayer Identification Number? It seems to be a big hassle for a couple of hundred dollars. Thanks for your help, Nick My Tax Issue

Hi David,

My wife won a couple of hundred dollars at a US casino last year and was mailed a 1042-S form. She is Canadian and lives in Canada. From her winnings, the casino withheld 30%. Is it mandatory to file a NRA Income Tax Return? If so, does she need to apply for an IRS Individual Taxpayer Identification Number?

It seems to be a big hassle for a couple of hundred dollars.

Thanks for your help,
Nick

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