Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 30 Dec 2009, p. 14

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I4 - “A! Hum it "RUN“ u - Wednculat lieu-tuber to Low _â€"._ ' ' ' ' B t th ' h _ ea 6 tax man Wlt . O a some tlmely proâ€"tax tlps . 7 I ‘ax planning should lira _ ‘ ,,_,,___i*,_fi \lHHLtIils\\lll1tlrrty\tt rilt‘ year round at [1\tl\ hut l , .. ‘ added in mm ll\'\ mum OXI n ee menthou‘u-lxvttolh _\l\l\l\ ltutmnnmntlnt tlietnlltm t‘l'\ytst‘ti(tllp|t‘tl thiswat \ou t ‘ t ”It: you . sillllid\‘t‘lltilt‘l(l\l\t'ltltillt'\ Al()l\h\ ‘ ' on your Jili‘tltut-s liy using 1 4 ‘ Make down strategies like time ‘ ‘ investments pay off ‘ Plan to sell money losing GO t F! I d d I” b h ‘ Investments hy the l)et H O yer a n .Ca a n yo U e t e Be deadline savvy r ‘ settlement date which ere file your tax return and j I _ ates capital losses than (an make tax aynients on time " offset t‘dpll’dl gains, first to know abOUlall the best sales toavotd pgrialttes andtnter ‘ est, l j Buy now to save a nd S ECla IS _ Sta rtin Dec 24 Payments that qualify for l t i if you're self-employed p g a tax credits and deductions l and claiming the capital cost should he made by Decent ‘ ‘ allowance t(‘( Al on deprer bet ill l t‘tahle assets, buy them ,V,,,,#.r before year end to speed up Deduct to save expenses credits, tax WIllC’UfiS lake full advantage of all . ‘ tax deductions including the Split to save income MOVE to 88V? ' “"55 most important 7- your Split your Income by if )‘Ulllfe moving l0 2! I ,. = " N Registered Retirement Say sharing pension income [”thth With ‘d lower tax _, . ings Plan (RRSP‘J deduction With a spouse. through a rate. (it) 11 before DOC. 31 and .7 \ y \ Be sure to fill up all your spousal RRSP or by paying a YOU“ pay the “WW! rate for > , ' _ c \ RRSP contribution room salary to leitgihle) family the fun year. Ifyou're 1110va . ' _ : ~ : \ members_ {0 a province with a higher J . . r . ‘ , or Give yourselfali the credit tax rate. try to delay until I I x V r \ ‘ . \; Make full use oi tax cred ‘ Be RRSP sawy 3010 i ‘ , ‘ I ~ l; 7 Its to reduce your tax hill by: it you're turning 71 this , ‘ - a: :,- i}. .. ‘ "‘ ' year. you must wind up your And ht‘l't'fi the best tax- - > ,' J" , , - Pooling medical RRSP and need to decide mVing lip Ufa“ â€" talk to v p expenses on the tax return of whether to take the cash your advisor before yearrend 5: ’ ""’ .. the lower earning spouse. (poor choicei or transfer the It) be certain you make the " " funds to investments held "105! ofthe other taxAreducr ' Pooling charitable Within a Registered RetireA I10“ strategies available to donations or carrying them merit Income lurid tRRli-‘i you forward for up to five years or annuity [much better , . to surpass the $200 thresh- choices). D EC 2 4TH ' . old that increases your cred- if you have earned ‘ ‘ it. income. you can continue t 3 ‘ Den-MW - Using the spousal credit making contributions to a "' 4PM ‘ for the higher-earning spousal plan until your ”th t'IIlUNUL written by a ‘ w . 1 “ “ “ “ ‘. spouse. spouse reaches age 71 [NW-WIFE Group .‘g H . y ‘ ‘“ u y. ‘ ‘.‘_“ : FinancialServices1mm ' ' .- , I “ , t o '[mngfflrmg the age, Save tax-free presents general information . I ‘ ’ disability. tuition and/or Make up to a $5.000 coir rmlyund it It“! a F I ye r|a n d .Ca 6 how you" get a head “an on a” education credits to a trihution to a ragtime sax» mutilation 10 buy or sell spouse or supporting rela- Ings Account 1 Ii-SAJ. any investments, the best deals and Specials With all 0! your favourite Stores on out webStte. you'ilfind [We when not used by a ”It: contribution “I“ tax (:0qu Ru.“ McEachnie - everything you‘re looking for and more it's the smartest way to save time and money? Click and save now' dependan ' deductible but mom“, and at 519.886.2360 ext. 341 ' interest inside your TFSA is or 84711111 him a! - Don't forget the first tax-free and so are with- Russelleoeachm'e . I er I a nd ca time homebuyer. home ren- drawals that you can make (wintrestorsgmuprmm . y o ovations and moving at any time for any purpose. SHOWS" "on”. . Conestoga College LINC Program Language Instmction for Newcomers to Canada 0 7d!” mam 1013915 _ W smut NEW! AFTERNOON ENGUSH CLASSES . mm a 3:15 pm. - 5:45 pm. 22.23.; 8m 0 . ME more. m (WNW mm "' "‘ FREE for Pam-non! W and (martian “no.“ ‘ M39519 6".""am'" WE'E'L‘ 0521-!!! mm III- -me was 3.4m! 5 ' A _. - Skills»based Instruction - Readi riti L' I” .mâ€" a. a m . . 9 a; - , ng/W ng and taming/Speaking " ’ ‘ I ii “I I“ --â€"-â€" a - Computer ASStsted Language Learning (CALL) W W a I m. ~- --" .9. Km 5 CALLORVIsrrus. m... - 7,. Monday , Friday 8:30 am. A 400 om. 30? “"9 kw”? mm mm am $11!... “I! O M :2: a. V on JUST COME TO CLASS! """‘“:£"8;;"3°m:"’ “3 . ., Website: www.conestogacon.ca '- z- | v M ‘ 25%: - ‘ m m... . A w I it a mil. Iincflonestogaconxa l.' ”1. ===:_ ( . ..W (lltltltfi'i

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