Life Events
Life can throw you a curveball or pleasantly surprise you… it is all about how you handle it. This section is dedicated to most common life events that have a direct impact on your tax situation. Each life event shown, if ignored, dismissed as nothing special or procrastinated on, can potentially deprive you from an opportunity to plan for deductions and timing of receipt of income, which may result in a less than optimal tax outcome. This means paying more tax than you could have.
Here are all life events that are described in more detail on each individual page (COMING SOON):
- Birth of a child
- Education
- Purchase and sale of a main home
- Purchase and sale of an investment property
- Marriage
- Separation and divorce
- Legal settlement
- Windfall
- Starting your own business
- Becoming a landlord
- Becoming a partner or shareholder
- Retirement
- Inheritance
- Downsizing
- New job
- Loss of job
- Disasters and casualties
- Domestic or international move
- Working overseas
- Financial distress
- Death in a family