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For the self-employed, hiring family can pay off in deductions

from The Globe and Mail

Filing your tax return is something of a sport; a game to be won. Getting a large refund is sort of like winning game seven of the Stanley Cup finals or shooting a hole-in-one at Augusta. One of the keys to winning the tax game is claiming deductions. Tim Cestnick shares a story that highlights an opportunity for the self-employed to claim deductions, particularly compensation, paid to family. more


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