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p 8 tribune april 2 1997 st attention serious investors michael comeau vice president and senior investment advisor of td evergreen investment services is available for consultation at the stouffville td bank branch td evergreen is a full service investment dealer and offers broad range of investment products and services including domestic and foreign bonds canadian and us equities over 400 mutual funds rrsps rrifs and resps free portfolio analysis investment advice and development of personalized investment strategies to book your appointment with michael comeau at the stouffville branch please call jim hassard branch manager at 905 6404000 or dave morrison branch manager at 905 6401372 or call td evergreen at 416 5122511 or 18003824964 tax time sales people can write off more than most employers place of busi ness or in differ ent places to deduct meals we all incur expenses while trying to make a liv ing and when we hear sto ries about people being able to write off all kinds of expenses for tax pur poses we have a nagging suspicion that were miss ing out is it possible to write off any of the expenses we incur to earn employment income unfortunately the answer in most cases is no expenses such as lunches business clothes and commuting are all nondeductible however under certain td evergreen w e a l t h man a c h v onltmm tf id srcunnr nr as td evergreen investments services is a division of td securities inc which is a subsidiary of the toronto dominion bank member cipf paying too much for home and auto insurance 6425874 30 savings on auto for qualified drivers 117 ringwood drive t unit 14 stouffville established 1978 pine ridge insurance our lucky draw winners were k fraser cmaccarl m cox circumstances business travel meals and lodg ing while out of town on busi ness parking s u p p lies salaries for an assistant or sub stitute home work space and auto expenses may be deductible there are sev eral require ments that must be met first of all your employer must not reim burse you or give you a non- taxable allowance to cover them and you can only deduct meals lodging travel and auto expenses if you ordinarily work away from the zd port perry plaza member durham region lindsay real estate boards call toll free 18004481056 ktifh youre bound to be impressed by the upscale features and friendly ambience of this gracious home situated on about one and three quarter acres from the grand ceramic foyer with circular oak staircase to the large private in law suite also suitable for a home office this spacious home has just about everything please call for more information asking 339000 100 of prime waterfront on lake scugog this immac 2 bdrm cottage could be converted to year round home it is complemented by a 1 bdrm guest cabin at the shoreline other features include an airtight stove in the living room a sauna with its own separate woodstove 16 of dock and 3 appliances asking 112500 please call 18004481056 or 9059859777 m vjjsga t filissfel kusatz sharpley chartered accountants income tax returns other accounting tax services all year discount for seniors 1 0 on basic returns 6188 main street 6401991 open house sun april 6 14 pm hostess connie southern just listed north of port perry 3 bdrm home with spectacular view of lake scugog propane heating eatin kit with oak cabinetry bathroom with jacuzzi and skylight main floor laundry and the list goes on call us for details 178500 directions durham 2 north port perry to victoria road 28 east follow signs port perry location location hobbiestgardeners delight good 4 bdrm older home with many upgrades kitchen with walk in pantry and walkout to mature lot large dining area double size living room rec room large workshop with many uses 290 of road frontage asking 189000 come view for yourself wmvl fsw e2 jj3f 31 mis mmiui rstiaj hlhkb3b w mjs sset income tax returns personal business efile reasonable rates personal professional service allan w eagar cma seniors discount 6401499 century home on mature parklike lot in manilla only seeing is believing this 5 bdrm home offers quality and originality of yesteryear main floor laundry fam room with gas fireplace and walkout to large deck den with fireplace formal living and dining rooms 212 bathrooms huge verandah garageworkshop value plus come view for yourself 194500 must be sold port perry live in style this custombuilt home has it all eatin kitchen with main floor family room walkout to large deck master bedroom 22x12 with jacuzzi livingdining combination large sunroom with skylights walkout to mature lot bedroom and full bath in basement many upgrades central air and vac gas heating electric garage doors etc etc come view the quality here 214700 need room for horses property 43 acres with ponds bush fenced 7 horse stall tack room bam with water and hydro century original 1 room loft could be used for bunkie studio house spacious 3 bdrm large country kit sep dining bsmt just waiting to be finished newer windows and doors more than a home lifestyle see now by calling 9859777 275500 i tw austin melody potter superior return quality service independent mutual fund dealer tw austin investment inc 90c centurian drive suite 215 markham ontario 905 5136633 l3r 8c5 fax 905 5137272 new log home handcrafted 1200 sq ft with full basement on large lot with trout pond good access 187000 after 6 pm 7057932087 other homes available you generally have to be out of town for at least 12 hours you can only deduct supplies if they are used up in the course of your employ ment expenses for a home office can be deducted only if you do most of your work there or if you use the space exclusive ly for earning employment income and you meet clients there on a con tinuous basis deductions for meals are limited to 50 per cent of the amount spent and home office expenses are limited to rent utilities and home repairs and mainte nance finally in order to deduct employment expenses you must have form t2200 filled out and signed by your employer sales expenses if you are paid in part by commission you may be able to deduct adver tising and pro motion expens es 50 per cent of the cost of entertaining clients insur ance and prop erty taxes as well as utilities rent and main tenance although you can deduct more expenses than other employees you are also subject to additional restrictions as a sales employ ee your claim for expenses is limited to the total commis sions you receive plus any auto cca and interest claim only regu lar employment expenses since they are not subject to these restrictions this article was submitted by hr block and helen davis