ENTREPRENEUR CALL-TO-ACTION
  
My coach, Andrew Barber-Starkey, will be speaking at the Vancouver Business Network Meetup (VBN) on Tuesday March 3rd, 2020.
This is a rare opportunity to experience why I am still in his ProCoach program after 18 years.
At this event, he will be teaching a mini-course including a workbook and exercises.
For those business owners and entrepreneurs looking to take their business to the next level, this one event could potentially transform your business results.
The topic is "How to increase your revenue by developing your centers of influence.
Use this link for more details or to register:
https://www.meetup.com/the-vancouver-business-network/events/268435797/
Cover charge is $12 (includes GST) unless you are already a member.
TOO GOOD TO BE TRUE
It's that time of year when Canadians are preparing for their annual income tax filings.
Also be aware of those too-good-to-be-true tax schemes that promise to reduce your taxes or even increase the amount of your refund.
These promoters deliberately bend or break Canadian tax laws and the people who end up paying the consequences are the taxpayers who fall for these schemes.
The Voluntary Disclosures Program allows taxpayers a second chance to correct a tax return.
The Government of Canada is cracking down on this type of activity by providing the Canada Revenue Agency (CRA) with the the tools and resources to pursue those who try to sell these schemes.
CRA has expanded its Promoter Compliance Centre dedicated to identifying, deterring and unraveling tax avoidance schemes set up by these promoters, through increased audits, business intelligence, communication, and the resources to better warn Canadians against such schemes.
It may take a few years for CRA to catch up, but tax evasion and tax avoidance through illegal means has no statutory time limit.
I know people who ended up in audit and instead of tax savings, owed significant fines and penalties with interest on top of that. Some of these audits occurred after 4 years, others at 7 years.
Don't be fooled. If in doubt, check with CRA first.
FRAUD PREVENTION
The Canadian Anti-Fraud Centre (CAFC) has compiled the Fraud 2020 toolkits for young adults, middle aged, seniors and businesses.
Canadians can report fraud directly to the CAFC on their toll-free 1-888-495-8501.
This is a direct link to a 34-page Show Me The Fraud PDF fraud prevention toolkit of the top scams used by fraudsters, and how to protect yourself.
In 2018, over 3-million people reported fraud in the US losing an estimated $1.48-billion via imposter scams, debt collection and identity theft.
It takes diligence and repetition to continue warning your family and friends.
My mother turned 84 this month, and she remains extremely gullible. Some messages just don't seem to land.
The nice person on the phone wants her PIN, or worse, the automated message threatens to revoke her SIN for not paying her taxes, or she'll be arrested if she doesn't pay back taxes owed, or there is an outstanding warrant for her arrest if she doesn't pay, and the creative schemes just keep coming.
I have to tell her every time to hang up. NOW, and stop listening. I am also imagining the millions of other gullible people who need a support person at times like these.
Let's keep more of your money in your pocket this year.
Take 5 minutes to stop and think.
Recognize. Reject. Report.
Stop. Challenge. Protect.
|
