Originally Published by The TaxLetter Vol. 27, No. 3, March  2009   www.adviceforinvestors.com

Gift Giving It's not just about charity ... Eileen Reppenhagen, CGA

Someone emailed me the other day to say that she was sure grandmas were ‘googling’ but they weren’t ‘googling’ — about tax and they should be. My mom’s going to be 79 this year and she’s been ‘googling’ for years now. She, like most grannies, doesn’t pay any tax and she lives on her own. It’s possible there are significant tax savings for her family if she lives with them. The caregiver tax credit for living with your family is an incentive she should know about. This is the underutilized incentive for adult children to keep parents and grandparents out of ... Signup for The TaxLetter and read Eileen's full article every month

Eileen Reppenhagen, CGA, ACG, Certified QuickBooks ProAdvisor, and Honorary Member of the Institute of Professional Bookkeepers of Canada, writes and speaks about accounting and tax.  She is a regular contributor to Canadian MoneySaver, The TaxLetter and Intuit Canada’s Advisor Advantage.  All articles are copyright protected.  Most articles are not available for re-print unless you obtain permission from third parties.  Please respect copyright. For more information or permission to re-print please contact  eileen@taxdetective.ca If you obtain permisison to re-print an article, include this tagline:   "Eileen Reppenhagen, CGA is a Certified QuickBooks ProAdvisor and speaks and writes about accounting and tax.  Contact her at www.taxdetective.ca".