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	<title>ALBERTA STANDARD BOOKKEEPING</title>
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		<title>ALBERTA STANDARD BOOKKEEPING</title>
		<link>http://standardbookkeeping.wordpress.com</link>
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		<title>Crunch Time &#8211; 2008 Tax Rates</title>
		<link>http://standardbookkeeping.wordpress.com/2009/04/19/crunch-time-2008-tax-rates/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/04/19/crunch-time-2008-tax-rates/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 02:08:50 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=107</guid>
		<description><![CDATA[Call us now at (780) 965-9169 for a free consulation. Federal tax rates for 2008 are: 15% on the first $37,885 of taxable income, + 22% on the next $37,884 of taxable income (on the portion of taxable income between $37,885 &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/04/19/crunch-time-2008-tax-rates/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=107&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Looking Forward &#8211; 2009 Tax Rates</title>
		<link>http://standardbookkeeping.wordpress.com/2009/04/19/looking-forward-2009-tax-rates/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/04/19/looking-forward-2009-tax-rates/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 02:02:52 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=104</guid>
		<description><![CDATA[Call us now at (780) 965-9169 for a free consulation. Federal tax rates for 2009 are: 15% on the first $38,832 of taxable income, + 22% on the next $38,832 of taxable income (on the portion of taxable income between $38,832 &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/04/19/looking-forward-2009-tax-rates/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=104&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Tax Deduction and Credit</title>
		<link>http://standardbookkeeping.wordpress.com/2009/04/19/tax-deduction-and-credit/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/04/19/tax-deduction-and-credit/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 01:54:25 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>
		<category><![CDATA[Tips and Tricks]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=100</guid>
		<description><![CDATA[Call us now at (780) 965-9169 for a free consultation. You&#8217;ll enjoy greater tax savings if you claim all your charitable donations on one spouse&#8217;s tax return, rather than having each spouse claim some. By claiming medical expenses on the &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/04/19/tax-deduction-and-credit/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=100&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>How Can You Save Tax By Lending To Your Family</title>
		<link>http://standardbookkeeping.wordpress.com/2009/04/06/how-you-can-save-tax-this-year-by-lending-to-your-family/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/04/06/how-you-can-save-tax-this-year-by-lending-to-your-family/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 04:29:32 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>
		<category><![CDATA[Tips and Tricks]]></category>
		<category><![CDATA[arm-length borrowing]]></category>
		<category><![CDATA[arm-length lending]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[lending to family]]></category>

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		<description><![CDATA[Call Us today at 780-965-9169. Free Consulation. Interest rates are at their lowest levels in decades. The current low interest rate environment provides a unique opportunity for clients to save tax by arranging family loans and income splitting with family &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/04/06/how-you-can-save-tax-this-year-by-lending-to-your-family/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=95&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>You Made it? Here is $750,000 Capital Gains Deduction</title>
		<link>http://standardbookkeeping.wordpress.com/2009/03/16/you-made-it-here-is-750000-capital-gains-deduction/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/03/16/you-made-it-here-is-750000-capital-gains-deduction/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 05:20:43 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[capital gains detuction]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=91</guid>
		<description><![CDATA[Call us at 780-965-9169 or email standardbookkeeping09@gmail.com for your free consultation. Although the $100,000 capital gains deduction was abolished in 1994, there is a $750,000 ($500,000 for dispositions occurring before March 19, 2007) capital gains deduction for capital gains on &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/03/16/you-made-it-here-is-750000-capital-gains-deduction/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=91&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Sold Your House? Tax or No Tax</title>
		<link>http://standardbookkeeping.wordpress.com/2009/03/16/sold-your-house-tax-or-no-tax/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/03/16/sold-your-house-tax-or-no-tax/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 04:40:02 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>
		<category><![CDATA[Tips and Tricks]]></category>
		<category><![CDATA[alberta real estate]]></category>
		<category><![CDATA[calgary real estate]]></category>
		<category><![CDATA[capital gain]]></category>
		<category><![CDATA[edmonton real estate]]></category>
		<category><![CDATA[principal residence]]></category>
		<category><![CDATA[real estate tax]]></category>
		<category><![CDATA[realtor]]></category>

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		<description><![CDATA[The gain on the sale of real estate is a capital gain unless the property has been purchased with the intent of reselling at a profit , or developed and sold as a business endeavor.  If it is considered a &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/03/16/sold-your-house-tax-or-no-tax/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=88&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Alberta Budget Highlights</title>
		<link>http://standardbookkeeping.wordpress.com/2009/03/16/alberta-budget-highlights/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/03/16/alberta-budget-highlights/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 04:20:33 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Canadian Tax]]></category>
		<category><![CDATA[Alberta Tax]]></category>
		<category><![CDATA[Budget]]></category>

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		<description><![CDATA[The Alberta Minister of Finance, Iris Evans, presented the 2008-09 provincial budget on April 22, 2008 at 3 p.m. The following is a summary of the highlights contained in the budget. Highlights No income tax rate reductions or increases in indexed &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/03/16/alberta-budget-highlights/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=85&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Tax Sheltering &#8211; Myth or Fact</title>
		<link>http://standardbookkeeping.wordpress.com/2009/03/07/tax-sheltering-myth-or-fact/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/03/07/tax-sheltering-myth-or-fact/#comments</comments>
		<pubDate>Sat, 07 Mar 2009 17:38:25 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Tips and Tricks]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=73</guid>
		<description><![CDATA[TAX SHELTERS The last quarter of the year is when many taxpayers traditionally do much of their income tax planning. For taxpayers who are well into the top marginal tax bracket, typically those with income in excess of $100,000, tax &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/03/07/tax-sheltering-myth-or-fact/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=73&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Pension Splitting</title>
		<link>http://standardbookkeeping.wordpress.com/2009/02/25/pension-splitting/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/02/25/pension-splitting/#comments</comments>
		<pubDate>Wed, 25 Feb 2009 07:15:08 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://standardbookkeeping.wordpress.com/?p=63</guid>
		<description><![CDATA[Pension Income Splitting Beginning with the 2007 tax year, Canadian residents may split certain pension income with their resident spouse or common-law partner.  This can be done if the following conditions are met: the pensioner and spouse or common-law partner &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/02/25/pension-splitting/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=63&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>5 Tips When Filing Tax Returns (part 1 of 5)</title>
		<link>http://standardbookkeeping.wordpress.com/2009/02/23/5-tips-when-filing-tax-returns-part-1-of-5/</link>
		<comments>http://standardbookkeeping.wordpress.com/2009/02/23/5-tips-when-filing-tax-returns-part-1-of-5/#comments</comments>
		<pubDate>Mon, 23 Feb 2009 07:39:10 +0000</pubDate>
		<dc:creator>standardbookkeeping</dc:creator>
				<category><![CDATA[Tips and Tricks]]></category>

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		<description><![CDATA[-The Canadian Income Tax Act has “stop loss” rules that limit a taxpayer’s ability to claim losses in certain specific situations. -A non-arm&#8217;s length disposition of capital property such as a rental property, for example a transfer to a child, &#8230; <a href="http://standardbookkeeping.wordpress.com/2009/02/23/5-tips-when-filing-tax-returns-part-1-of-5/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=standardbookkeeping.wordpress.com&amp;blog=6510843&amp;post=57&amp;subd=standardbookkeeping&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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