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    20 Free Tax Secrets For Canadians
    20 Free Tax Secrets For Canadians
    20 Free Tax Secrets For Canadians
    Ebook42 pages21 minutes

    20 Free Tax Secrets For Canadians

    By Allan Madan

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    About this ebook

    Are you a Canadian who is tired of paying way too much money on your taxes? Do you want stop overpaying and start using your money for yourself? In my book “20 Free Tax Secrets for Canadians,” I provide you with tax saving secrets that I have learned through my years as a professional accountant and tax expert. This book is targeted for businesses, investors, and the hard-working everyday Canadian. My tax tips will provide you with different strategies on various topics including: TFSAs, RRSPs, Capital gains, incorporating your business, claiming home business deductions and much, much more!

    LanguageEnglish
    PublisherAllan Madan
    Release dateNov 3, 2014
    ISBN9781311224613
    20 Free Tax Secrets For Canadians
    Author

    Allan Madan

    Allan Madan is a Chartered Accountant, Chartered Professional Accountant and Tax Expert who enjoys working with business owners, individuals and entrepreneurs. Allan has over 14 years of experience in public accounting. Prior to founding Madan Chartered Accountant in Mississauga, he worked for the prestigious firm Deloitte for six years, where he held the position of International Tax Manager. He has completed Parts 1 and 2 of the Canadian In Depth Tax Course, which is the most comprehensive tax training course in Canada. Allan has been involved in many complex, tax reorganization transactions for Canadian companies.

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      Book preview

      20 Free Tax Secrets For Canadians - Allan Madan

      20 FREE TAX SECRETS FOR CANADIANS

      By Allan Madan

      © Allan Madan 2014

      This book remains the copyrighted property of the author, and may not be redistributed to others for commercial or non-commercial purposes. If you enjoyed this book, please encourage your friends to download their own copy from their favorite authorized retailer. Thank you for your support!

      Created by Upub Publishing House (upub.am) 2016

      Table of Contents

      Twenty Tax Saving tips: Three Broad Categories

      INDIVIDUAL

      1. Pay household expenses through the higher income spouse

      2. If your dependant is ill, claim a higher deduction

      3. Claim Child Care Expenses

      4. Pay your older (above 18) child wages for babysitting the younger ones

      5. Claim deductions for your university going child’s education and textbooks

      INVESTOR

      6. Make use of a Tax Free Savings Account

      7. Keep a hold on your stocks for at least a full year

      8. Protect income with an exempt life insurance policy

      9. Invest in Real Estate jointly with your Spouse

      10. Invest in high risk flow-through shares and receive higher deductions

      BUSINESSES

      11. Claim Deductions

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