Tuesday, February 22, 2011

Good to know

or - tax planning for 2011 

(Disclaimer - The following advice is intended for residents of Canada only. If you are filling your income tax in a different country, please consult your local expert.)

M: So, how are we looking? (Karl was finishing up our taxes while I was putting Hudson to bed)
K: Not bad! You get $X.XX back, and I am getting $Y.YY.
M: Not bad....
K: Oh, but wait.... I forgot about my eye surgery.... (Karl had his eyes lazered in the fall)
M: Eye surgery?!?!
K: Ya.... it's a medical expense not covered by our insurance.
M: (puzzled look)
K: Boobs - number one medical deduction. Then noses.....

Did you know that?!?!?! Aren't you glad you do now?!?!?

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