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|    can.taxes    |    All that "free" healthcare has a price    |    23,408 messages    |
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|    Message 22,522 of 23,408    |
|    Nobody to All    |
|    Re: Missing income is costly : CRA SOTW    |
|    10 Jun 12 18:43:54    |
      From: not@home.anymore              Canuck57 wrote:              > On 05/06/2012 3:41 PM, Alan Baggett wrote:       >> Consider the recent case of Barbara Norlock, who failed to report       >> interest income of $876 in her 2006 income tax return and also       >> failed to report $18,376 on her 2008 return. She was hit with a       >> federal and provincial penalty of $1,837.60 each.       >       > No one forgets $18K of interest income. Maybe 53 cents in some       > obscure bank account, but not $18K.              No kidding. Baggett is nuts if he thinks that was just an 'oversight'.              > Like most, I put together a check list and wait until every slip       > is received. Even had to get one fixed this year as the bank       > fouled it up good.       >       > I don't side with greedy Ottawa too often, but in this case,       > sounds like the right judgment.       >              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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