Multiple Choice
If you are working as a Certified Financial Planner and you pay $500 to your association every year for membership,you can deduct $500 on your personal tax return as
A) union/professional dues as long as you receive a tax receipt.
B) an eligible tax credit as long as you do not get reimbursed for the amount.
C) an employment expense as long as you receive a tax receipt.
D) union/professional dues as long as you do not get reimbursed for the amount.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: If you are a married taxpayer supporting
Q19: The Canada Eduction Savings grant is taxable
Q20: Jessie is 65 and has taxable income
Q21: The basic personal amount is a non-refundable
Q22: Under which of the following conditions must
Q24: The spousal/common law tax credit is available
Q25: Describe and compare tax planning and tax
Q26: Reginald is thinking about asking his employer
Q27: Jerome is recently divorced and has two
Q28: Tuition and charitable donations can be carried