The Reality
The Reality
"Give yourself a raise"
Today’s reality is that things are expensive, whether it’s completing those small projects or tackling those large ones, things can add up very fast. The RedSaw provides an opportunity for individuals and/or businesses to not only save money but also increase their annual income or bottom line at the same time. It’s simple; the Canadian and American Governments view the exchange of services as earned income with the fair market value of the services being exchanged to be included in the income of both parties. Hence, the ability to “give yourself a raise” when you like, as often as you like.
Please review the attachments below and/or discuss with your accountant for any possible tax implications.
View example scenarios:
- Example No.1 - Scott, Electrician
- Example No.2 - Jennifer, Architect
- Example No.3 - Susan, Math Tutor
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