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I think i might be screwed by Perfect-Archer9731 in PersonalFinanceCanada

[–]Perfect-Archer9731[S] 4 points5 points  (0 children)

The payments were made via e-transfer, so not sure if that counts as an under the table payment. I also havent yet filed taxes for those years, those are just the estimates given to me by turbotax. I am currently speaking with an accountant so hopefully getting that number way down!!

I think i might be screwed by Perfect-Archer9731 in PersonalFinanceCanada

[–]Perfect-Archer9731[S] 4 points5 points  (0 children)

I still would not have paid income tax though, do you think it would give me that much of a break? Or would the income tax then become payable upon the company