ATTENTION MR. McDONALD and GILLANDERS:

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Mikhail Egorov
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    I feel your pain. I believe someone in CFC office has some explaining to do.

    Originally posted by Nikolay Noritsyn View Post
    I am not in a position to demand anything now, I went to Brazil as a volunteer and I knew I wouldnt get payed.
    Hi Nkolay,

    I feel your pain. I believe someone in CFC office has some explaining to do.

    Originally posted by Nikolay Noritsyn View Post
    just dont see how this could have happened that you guys got payed, and I did .
    I am curious myself now. There logic is definitely unique!

    Leave a comment:


  • Mikhail Egorov
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Aman Hambleton View Post
    And all the secrets come out... :D
    Indeed! :D

    Leave a comment:


  • Christopher Mallon
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Vlad Drkulec View Post
    How would it be taxable given the expense of going to Brazil? I would think that they would be able to deduct expenses against the honorarium.
    With a few specific exceptions (ie, tuition, child care, etc) the Government really doesn't care what an individual's expenses are.

    Paying the $63 (or whatever it is now) to register a Small Business, on the other hand, can open all kinds of doors on your tax return (while at the same time making it a lot more complicated). I would hope that anyone who is interested in coaching on a regular basis, who is not an employee of a larger company like CMA, would go this route.

    The only phrase you have to keep in mind going that route is "Reasonable Expectation of Profit" - if you're not making a profit but claiming all these expenses, CRA will start wondering why... But if you're doing it legitimately, and not just as a tax dodge, it will save you hundreds or even thousands of dollars.

    Leave a comment:


  • Aman Hambleton
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Jean Hébert View Post
    Without these "improper" topics nobody would come to Chesstalk to read the "proper" ones.
    Agreed :D

    Leave a comment:


  • Gary Ruben
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Vlad Drkulec View Post
    How would it be taxable given the expense of going to Brazil? I would think that they would be able to deduct expenses against the honorarium.
    I don't know and simply asked the question. Maybe Chris knows as he replied to me.

    Leave a comment:


  • Vlad Drkulec
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Gary Ruben View Post
    The cheque is always in the mail. BTW, is an honorarium still taxable income?
    How would it be taxable given the expense of going to Brazil? I would think that they would be able to deduct expenses against the honorarium.

    Leave a comment:


  • Jean Hébert
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Fred McKim View Post
    I don't think this is a proper topic for ChessTalk, but as usual will make a comment on behalf of the CFC.
    Without these "improper" topics nobody would come to Chesstalk to read the "proper" ones.

    Leave a comment:


  • Christopher Mallon
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Gary Ruben View Post
    BTW, is an honorarium still taxable income?
    Considering that I get a T4 slip for an honorarium that I am given a few times a year, I would guess so.

    It doesn't show up in the normal income box though, it's in one of the extra boxes that is never used on a T4 for a normal paying job. If you're interested, I can dig one out and find out which box number.

    Leave a comment:


  • Gary Ruben
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Egidijus Zeromskis View Post
    M.E. will be offended that you use such archaic way. His postbox became a squirrels' house long time ago. :D
    The cheque is always in the mail. BTW, is an honorarium still taxable income?

    Leave a comment:


  • Egidijus Zeromskis
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Fred McKim View Post
    in the mail.
    M.E. will be offended that you use such archaic way. His postbox became a squirrels' house long time ago. :D

    Leave a comment:


  • Fred McKim
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Nikolay Noritsyn View Post
    I am not in a position to demand anything now, I went to Brazil as a volunteer and I knew I wouldnt get payed. I just dont see how this could have happened that you guys got payed, and I did not.
    I don't think this is a proper topic for ChessTalk, but as usual will make a comment on behalf of the CFC.

    Nikolay: Both you and the other coaches are receiving the same honorarium. You will receive it shortly in the mail.

    Leave a comment:


  • Aman Hambleton
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Nikolay Noritsyn View Post
    I am not in a position to demand anything now, I went to Brazil as a volunteer and I knew I wouldnt get payed. I just dont see how this could have happened that you guys got payed, and I did not.
    “I was gratified to be able to answer promptly. I said, "I don't know."

    ~ Mark Twain

    Leave a comment:


  • Kevin Me
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Nikolay Noritsyn View Post
    I am not in a position to demand anything now, I went to Brazil as a volunteer and I knew I wouldnt get payed. I just dont see how this could have happened that you guys got payed, and I did not.
    They haven't been paid yet... :D

    Leave a comment:


  • Nikolay Noritsyn
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Mikhail Egorov View Post
    Hi Nikolay,

    Yes, I was offered $350.00 for the services, and I believe Andrew received same package. I thought CFC offered you same thing, but I guess they did not. :(. I would suggest you contact Mr. McDonald or Mr. Gillanders, or wait for they reply to this post first.

    I hope this helps.

    Cheers. :)

    Mikhail
    I am not in a position to demand anything now, I went to Brazil as a volunteer and I knew I wouldnt get payed. I just dont see how this could have happened that you guys got payed, and I did not.

    Leave a comment:


  • Aman Hambleton
    replied
    Re: ATTENTION MR. McDONALD and GILLANDERS:

    Originally posted by Nikolay Noritsyn View Post
    Hi Mikhail,

    You mean you guys were offered a honorarium for the coaching? I thought you were volunteers, just like I was.

    Nikolay
    And all the secrets come out... :D

    Leave a comment:

Working...
X