Newsgroups: ont.general Path: utzoo!lsuc!dave From: dave@lsuc.on.ca (David Sherman) Subject: Re: The Taxman Cometh for NSERC Award Recipients Date: Tue, 26-Sep-89 20:55:28 EDT Summary: re being classified as contractor rather than employee Message-ID: <1989Sep26.205530.227@lsuc.on.ca> References: <1989Sep8.084613.10300@lsuc.on.ca> <2506@dciem.dciem.dnd.ca> Organization: Law Society of Upper Canada, Toronto In <2506@dciem.dciem.dnd.ca> schuck@dretor.dciem.dnd.ca (Mary Margaret Schuck) writes: >In article <1989Sep8.084613.10300@lsuc.on.ca> dave@lsuc.on.ca (David Sherman) writes: >>Also, whether you're classified as an employee or not depends on >>the facts, not just on what you and the payer call yourself. >>If the facts determine that you're really an employee, you'll >>be taxed as such even if you issue invoices and are paid without >>source deductions. >All right, how does one do this? I was burned badly this year... >[tale of woe deleted] >Under similar circumstances, what should one do to ensure that if hired as >a contractor, one is treated as one in the eyes of Revenue Canada (and the >employer for that matter)? See a professional. Every fact situation is different. >Also, is it possible to claim business losses from self-employment against >earned income from another source? Yes, except to the extent your losses are attributable to home office expenses. -- David Sherman -- Moderator, mail.yiddish { uunet!attcan att utzoo }!lsuc!dave dave@lsuc.on.ca