fixed term Tax matter
You will need to make the same tax arrangements for fixed-term employees that you would for permanent employees.
How to Make Your Mortgage Interest Tax Deductible
For US homeowners, mortgage interest is automatically tax deductible. But for Canadians, the write-off is not so straightforward. In order to make your mortgage interest tax deductible, homeowners must be able to prove that the money is being reinvested and is not being used for personal expenses.
A properly structured mortgage, centric tax strategy has several key elements ,the most important of which is a multi-component, re-advanceable mortgage or line of credit.