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Search: Posts Made By: rollingesto
Forum: Financial Issues 07-28-2020, 11:31 AM
Replies: 5
Views: 311
Posted By rollingesto
I have had clients who were required to produce...

I have had clients who were required to produce their corporate financial & tax information re: ongoing support obligations & "actual" income vs what was reported and assessed on the T1 return.
Forum: Financial Issues 07-21-2020, 04:13 PM
Replies: 24
Views: 921
Posted By rollingesto
Wow, very entertaining thread (where DID the OP...

Wow, very entertaining thread (where DID the OP go?)...
As for the house question - Yup, very unfair. I owned my childhood house before marriage and would have had to split it's value but for the...
Forum: Financial Issues 04-10-2020, 09:45 PM
Replies: 6
Views: 452
Posted By rollingesto
Usually its based on the 90 days from actually...

Usually its based on the 90 days from actually moving out. You can use separation date if you has separate living quarters in the same house or comparable but that is much less common, especially if...
Forum: Financial Issues 04-10-2020, 09:41 PM
Replies: 7
Views: 518
Posted By rollingesto
OK I am a CPA and based on what I have read...

OK I am a CPA and based on what I have read above, the others who suggested this is about what CRA thinks was supposed to be paid are probably correct.
If you have documents supporting the change...
Forum: Divorce & Family Law 03-03-2020, 08:51 PM
Replies: 10
Views: 1,309
Posted By rollingesto
As I recall, in order for spousal to be...

As I recall, in order for spousal to be deductible on your tax return it must be paid pursuant to a court order or written agreement...do you have such an agreement?
Forum: Financial Issues 02-17-2020, 11:06 PM
Replies: 32
Views: 2,969
Posted By rollingesto
Yes, if you apply (and send the supporting docs...

Yes, if you apply (and send the supporting docs if and as requested) it should be very straightforward for them. They will adjust her eligibility accordingly. Just do apply! Its a way better credit...
Forum: Divorce Support 02-17-2020, 10:56 PM
Replies: 7
Views: 1,433
Posted By rollingesto
Luckily for me the kids were both >18 and the...

Luckily for me the kids were both >18 and the assets were not contested. We both had given up on our lawyers....
Forum: Divorce Support 02-17-2020, 04:45 PM
Replies: 7
Views: 1,433
Posted By rollingesto
I didn't use templates but used a service to get...

I didn't use templates but used a service to get it done (as sole/uncontested). They took care of all the filings etc and it cost me around $500 (?) plus court filing fees. Done from start to finish...
Forum: Financial Issues 02-17-2020, 04:34 PM
Replies: 32
Views: 2,969
Posted By rollingesto
Correct that you can each claim a child as long...

Correct that you can each claim a child as long as the SA is written in such a way as not to preclude it. Each "household" is generally limited to one eligible dependant credit and if either of you...
Forum: Introductions 02-02-2020, 08:40 PM
Replies: 3
Views: 1,199
Posted By rollingesto
I feel for you and your son. I very much like...

I feel for you and your son. I very much like Rockscan's suggestion, but would suggest talk to son about it before X. My guess is that your son might prefer to avoid surprises and any...
Forum: Financial Issues 02-02-2020, 08:10 PM
Replies: 32
Views: 2,969
Posted By rollingesto
I won't get into the eligible dependant credit,...

I won't get into the eligible dependant credit, that's been covered and the rules suck. BUT if you have shared custody of the kids, the CCB/OCB gets split, are you not getting anything for this??...
Forum: Divorce & Family Law 02-02-2020, 07:36 PM
Replies: 2
Views: 569
Posted By rollingesto
One (or both) of you ought to have notified CRA...

One (or both) of you ought to have notified CRA of your change in marital status once you had been separated 90 days. It would be retroactively effective as of date of separation and, as Berner...
Forum: Introductions 10-31-2019, 04:11 PM
Replies: 20
Views: 4,348
Posted By rollingesto
That had also been my understanding so had been...

That had also been my understanding so had been planning accordingly, I was afraid for a moment that I missed a change....will till give him a piece of the proceeds.
Hes paid the property tax and...
Forum: Introductions 10-31-2019, 07:53 AM
Replies: 20
Views: 4,348
Posted By rollingesto
No equalization, I will still give him half of...

No equalization, I will still give him half of net separation date value because its fair but at 8 years post separation/2 past divorce is there a legal obligation to equalize assets? And yes I am...
Forum: Introductions 10-30-2019, 11:32 PM
Replies: 20
Views: 4,348
Posted By rollingesto
So some time has elapsed (cough)...divorced...

So some time has elapsed (cough)...divorced almost 2 years, never did do the SA - just filed for divorce
Kids are older, D22 is done post secondary and entirely self sufficient in TO, S20 is 3rd...
Forum: Financial Issues 10-05-2019, 11:10 AM
Replies: 3
Views: 992
Posted By rollingesto
If this individual has a professional designation...

If this individual has a professional designation then I would presume there is an avenue available to pursue disputes. Not sure of your specifics but as an example:
...
Forum: Financial Issues 10-04-2019, 04:30 PM
Replies: 3
Views: 992
Posted By rollingesto
Do you have a copy of the engagement letter that...

Do you have a copy of the engagement letter that would likely have been signed at the outset? Id start there...
Forum: Financial Issues 11-20-2018, 10:57 PM
Replies: 2
Views: 991
Posted By rollingesto
I sure hope not. I have been counting on that...

I sure hope not. I have been counting on that...
Forum: Parenting Issues 10-01-2018, 04:02 PM
Replies: 6
Views: 927
Posted By rollingesto
I have had this in place for a while, my kids...

I have had this in place for a while, my kids were covered through both their father and stepfather but it did take quite a while for them to figure out the order of benefits for COB due to shared...
Forum: Divorce Support 12-31-2017, 09:45 PM
Replies: 9
Views: 1,565
Posted By rollingesto
And I will buy sheets, too. Even though X kept...

And I will buy sheets, too. Even though X kept the originals.
Forum: Divorce Support 12-31-2017, 09:44 PM
Replies: 9
Views: 1,565
Posted By rollingesto
6+ years separated, no SA. My divorce order was...

6+ years separated, no SA. My divorce order was granted in November, final a couple weeks ago. Yesterday I attended the courthouse to obtain my divorce certificate. GOD does it feel good to have...
Forum: Divorce & Family Law 12-02-2017, 08:46 PM
Replies: 17
Views: 20,003
Posted By rollingesto
I had originally intended to do this as well. Now...

I had originally intended to do this as well. Now almost 7 years separated and kids both >18 I decided to use a service for the divorce as I didn't want to wait around for STBX to drag his feet or...
Forum: Financial Issues 11-13-2017, 11:15 PM
Replies: 2
Views: 987
Posted By rollingesto
This is something that has changed not that many...

This is something that has changed not that many years ago. Any change in marital status for tax purposes needs to be reported in a timely manner, especially when income tested benefits (Child tax...
Forum: Financial Issues 12-11-2016, 02:40 PM
Replies: 11
Views: 1,687
Posted By rollingesto
OK, although this is old I will add my 2 cents......

OK, although this is old I will add my 2 cents...

I think OP's friend was a bit confused to start, relative incomes have no bearing on who claims dependant credits and in many cases it is better...
Forum: Divorce & Family Law 12-03-2016, 03:00 PM
Replies: 9
Views: 1,092
Posted By rollingesto
The terms I have in mind will be fair, my...

The terms I have in mind will be fair, my understanding is that once past 6 yrs separated HE will not have much choice but to accept them.

I just want to be able to finally move on with my...
Showing results 1 to 25 of 37

 

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