Pre-Game Warm-Up: The Basics of Tax Planning in Visual Studio .NET

Paint QR Code ISO/IEC18004 in Visual Studio .NET Pre-Game Warm-Up: The Basics of Tax Planning
Pre-Game Warm-Up: The Basics of Tax Planning
QR Code JIS X 0510 Printer In .NET
Using Barcode generator for Visual Studio .NET Control to generate, create Quick Response Code image in Visual Studio .NET applications.
TO MAKE A LONG STORY SHORT:
Quick Response Code Recognizer In .NET
Using Barcode reader for .NET framework Control to read, scan read, scan image in .NET applications.
Tax avoidance involves legally structuring your affairs to take advantage of provisions or loopholes in our tax law Tax evasion is a no-no It can bring civil and criminal penalties, and can mean up to ve years in prison A voluntary disclosure may be your best option to come clean if you ve been evading taxes
Encoding Barcode In .NET Framework
Using Barcode maker for .NET framework Control to generate, create barcode image in .NET framework applications.
A voluntary disclosure (VD) will allow you to come clean if you haven t exactly been honest, but it may open a can of worms, too You see, a VD could lead CRA to take a hard look at your nancial affairs, including bank and brokerage account transac-
Read Bar Code In VS .NET
Using Barcode reader for Visual Studio .NET Control to read, scan read, scan image in Visual Studio .NET applications.
Knowing the Numbers Game
QR-Code Encoder In C#
Using Barcode drawer for Visual Studio .NET Control to generate, create QR image in Visual Studio .NET applications.
Tim s Tip 2: Understand this thing called your marginal tax rate
Quick Response Code Generation In .NET Framework
Using Barcode printer for ASP.NET Control to generate, create QR Code ISO/IEC18004 image in ASP.NET applications.
You re going to hear a lot about marginal tax rates as you browse the pages of this book and for good reason Your marginal tax rate is used to calculate all kinds of things In particular, if you want to know how
QR Code Encoder In Visual Basic .NET
Using Barcode drawer for .NET Control to generate, create Quick Response Code image in .NET applications.
tions Sure, a VD may be your best bet if you re talking about signi cant tax dollars, but a simple adjustment request (using Form T1-ADJ) to your prior years tax
Encode Bar Code In VS .NET
Using Barcode drawer for VS .NET Control to generate, create barcode image in Visual Studio .NET applications.
Caution!
Create Code 128B In .NET
Using Barcode generator for Visual Studio .NET Control to generate, create Code 128 Code Set B image in .NET framework applications.
returns may be a better option if the dollars are minimal Talk to a tax pro before deciding which way to go!
ECC200 Maker In .NET
Using Barcode drawer for .NET framework Control to generate, create Data Matrix 2d barcode image in Visual Studio .NET applications.
much tax a deduction is going to save you, or what the after-tax rate of return on your investments happens to be, you ll need to know your marginal tax rate Quite simply, your marginal tax rate is the amount of tax that you ll pay on your last dollar of income Suppose, for example, you re living in Ontario and you earned $65,000 in 2006 How much more tax do you suppose you d pay if you earned one more dollar of income The answer is 3298 cents You d keep just 6702 cents for yourself In other words, your marginal tax rate is 3298 percent Similarly, if your marginal tax rate happens to be 26 percent, then 26 percent of the last dollar you earn will disappear in taxes For a list of marginal tax rates by province, check out the tables starting on page 288 You re going to discover that marginal tax rates really depend on three things: your province of residence, your level of income, and the type of income earned
Painting Code 39 Full ASCII In .NET
Using Barcode generator for Visual Studio .NET Control to generate, create Code 39 Full ASCII image in .NET applications.
1 0 1 Ta x S e c r e t s F o r C a n a d i a n s
Drawing Standard 2 Of 5 In .NET Framework
Using Barcode creation for Visual Studio .NET Control to generate, create Code 2/5 image in VS .NET applications.
Basically, the higher your level of income, the higher the percentage of that income the tax collector is going to take Further, Canadian dividends and capital gains are taxed at lower marginal rates than interest, salaries, and other types of income
Scan USS Code 128 In Visual Studio .NET
Using Barcode scanner for .NET framework Control to read, scan read, scan image in VS .NET applications.
udi and Ned are shareholders in a small business, Money Inc, located in Manitoba In 2006, Judi received a salary of $75,000, while Ned earned
Make Code 39 In Visual C#
Using Barcode maker for VS .NET Control to generate, create Code 3 of 9 image in .NET applications.
$40,000 In addition, each received ineligible dividends of $5,000 from the company Who do you think had the higher marginal tax rate on the salary Good guess Judi did In fact, Judi s marginal tax rate on her salary in 2006 is 4340 percent in Manitoba, while Ned s marginal rate is just 3550 percent As for the dividend income, Judi will face a marginal tax rate of 3149 percent, and Ned
Recognize Barcode In .NET Framework
Using Barcode recognizer for Visual Studio .NET Control to read, scan read, scan image in .NET applications.
will pay 2162 percent (see the tables starting on page 288)
UCC.EAN - 128 Creator In .NET Framework
Using Barcode printer for ASP.NET Control to generate, create EAN 128 image in ASP.NET applications.
TO MAKE A LONG STORY SHORT:
Drawing Data Matrix ECC200 In Visual Studio .NET
Using Barcode generation for ASP.NET Control to generate, create Data Matrix ECC200 image in ASP.NET applications.
Your marginal tax rate is generally the most important tax gure for you to know Simply put, it s the amount of tax you ll pay on your last dollar of income Your marginal tax rate depends on three things: your province of residence, your level of income, and the type of income earned To determine your marginal tax rate for 2006, see the tables starting on page 288
Code 3 Of 9 Drawer In VS .NET
Using Barcode printer for ASP.NET Control to generate, create Code-39 image in ASP.NET applications.
Encoding EAN 128 In Java
Using Barcode maker for Java Control to generate, create GS1 128 image in Java applications.