Tax Tips - How To Beat The Taxman And Keep More Of Your Money - Free Tips From Accountants

How To Beat The Taxman - Free tax tips from Accountants

Are you tired of the taxman taking your hard-earned money? The following accountants provide free tax tips, tips to beat the taxman and keep more of your hard-earned money.

•Allan Madan, CA - Here are two effective tax tips to help you beat the tax man!

1. If you own a vehicle that you use for business purposes, have your company pay you a vehicle allowance up to 50¢ per kilometre driven. The company receives a tax deduction
and you don’t have to pay tax on the allowance received!

2. If you’re selling your business, consider selling the shares. You may be eligible to avoid paying tax on the first $750,000 of gain on your shares.

Please consult your chartered accountant first to make sure that these tips are right for you.

»Allan is a chartered accountant in Mississauga, Ontario.

We are still accepting submissions about tax tips. Submit yours to submissions@trade-pals.com and we will post it on this page along with a link to your site or blog. Write "Tax Tips" in the subject line and include your full name and website URL to link to along with your tip.

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