Whats with the taxes? What is it really doing for us?
Answers: 1) Roads aside from the 407 there are very few toll roads in Canada
2) 911 Police fire ambulance The insurance these services bring is worth a lot. Perhaps you never have had to use them but if you need them, they could save your life
3) Water. Our utility bills normally do not quite cover the cost of getting safe water to our homes
4) Schools even if you do not have kids you use their services. Think not? Have you ever used the services of a doctor, dentist, engineer
5) Food. Inspection and quality control
6) Doctors, hospitals. I just read a post from an American participant who was paying over $1000 a month for health insurance
7) Parks and recreational facilities. User fees do not begin to cover capital costs...
This is just the tip of the ice-berg in government services. Sure there is waste but there are also tremendous bargains.
Everything you get for free, from roads to hospitals to police, the army, coast guard, foreign embassies and missions, the House of Commons, the Senate (okay, maybe I went too far there).
But somebody's got to pay for it all.
Do I call for to report my taxes for a w9 I did not recieve?
I have have three jobs this year. I moved to a investigational state and had a constituent time job for two weeks while making the transition. I lone made about $700 next to this company and have not recieved my due papers. Do I need to include them on my taxes or can I start out them off. I thought if they didn't dispatch me anything I was fine departure them off but I lately want to make sure. Thanks.Answers: Whether or not you procure a W-2 or 1099-Misc, this is income to you. You MUST report it. Since your net proceeds are more than $700, you will also need to wallet a schedule SE for the self-employment taxes.
It's a myth that if they don't transport you the form, it's not taxable is just that a myth.
You should other keep a final paystub. You want some text of federal taxes paid surrounded by to counteract the income earned.
I'm sorry. I should own also pointed out that unless you have an EIN for the company(a two digit number, followed by a hyphen, and afterwards 7 more numbers), you will need to create a substitute W-2.
How do I know if travel allowance is unreasonable?
I was wondering what the rule surrounded by the Canadian Income Tax Act was concerning travel allowance. How do I determine if the amount claimed in an individual income due return is unreasonable or not? Please be as clear as possible because I need the answer for an upcoming trial. Thanks.Answers: Are you referring to types of travel expenses?
For mileage it should be based per km. The 2007 guidelines be $0.50 for the first 6,000km and $0.44 for each km thereafter travelled for business purposes. A log book must be kept, and you should not be reimbursing the hand for gas, insurance or anything else relating to the motor vehicle.
For meals it should be a believable amount. Per diems with a reccomended amount per spread works. I'm used to using the government confines which were more or less $38/day last time I consulted to the rule.
Its far easier for meals and lodging for the employer to merely re-imburse the employee for the actual amount of meal and lodging, than to assign an allowance.
Rule of thumb on expenses is to wages the same allowances (or less) than what the management pays its own employees.
Doesn't the travel own to do with expenses incurred, connected to business and you own to show that it was reasonably incurred. Go to any Canada Post outlet and they will have Income Tax forms and instructions on file taxes, i.e., what is allowable and what is not.