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|    can.taxes    |    All that "free" healthcare has a price    |    23,408 messages    |
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|    Message 22,523 of 23,408    |
|    Canuck57 to Alan Baggett    |
|    Re: Missing income is costly : CRA SOTW    |
|    09 Jun 12 15:13:12    |
      From: Canuck57@nospam.com              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.              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.              --       Liberal-socialism is a great idea so long as the credit is good and       other people pay for it. When the credit runs out and those that pay       for it leave, they can all share having nothing but debt and discontentment.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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