Kustom Design to Host Free Information Session This Month on 2011 Financial Boot Camp

News Release | January 11, 2011 | For Immediate Release

Kustom Design to Host Free Information Session This Month on 2011 Financial Boot Camp
Group recognizes how to save individuals on taxes and manage finances better

January 11, 2011 (Calgary, Alberta) - In our efforts to heighten awareness on the importance of taking control of finances, Kustom Design Educational is hosting a free information session to introduce members to our 2011 Level One Financial Boot Camp, which is designed to help individuals generate cash flow and excellent returns no matter what state the economy is in.

“We are very excited to host our free information session, and show people that it is possible for them to design the life they want to achieve,” said Kustom Design CEO Michael Lepitre. “People are accountable for the results they see financially, and Kustom Design’s information session focuses exclusively on the value of financial education and will show people how we can help them overcome any financial roadblock.”

Event: Kustom Design Free Info Session
Date: January 12th, 2011
Time: 7:00pm – 8:00pm
Location: Kustom Design Office on 221 18th St. SE in Calgary, Alberta

To sign up for Kustom Design’s free information session, and for more information on the 2011 Financial Boot Camp Level One visit http://www.kustomdesign.ca/.

About Kustom Design Educational
Kustom Design Educational, a member of the Kustom Design Group of Companies, is an organization designed to provide educational courses and resources on finance and taxes.

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Media Contact:
New Wave Media | Ashley Feist | (403) 457-0919 ext. 228 | info@new-wavemedia.com

2009 special tax incentives

Make sure you get every last deduction and credit available to you. In 2009 the government announced some temporary tax incentives for individuals and businesses. Some of the key ones include 100% deduction for computers purchased during the year for businesses, First Time Home Buyer’s Tax Credit, and the Home Renovation Tax Credit. A First Time Home Buyer can also be someone who has not owned a property for at least five years. If the person is common law or married, then the other spouse also must not have owned a property for at least five years. The Home Renovation Tax Credit was also new to 2009, and now it’s possible that we’ll never see it again. Ensure that you have receipts for the work that you’ve had done, and that it is not just some money paid to a family member that has helped you out. It should be legitimate work done by an actual company, preferably with a GST number as you are required to put all this information into the tax return. If you have less than $1,000 in renovations to claim you will not receive any tax credit, and remember that the maximum is $10,000. Therefore you are only claiming the portion between $1,000 and $10,000 ($9,000 total claim) at a 15% rate, thus the maximum Home Renovation Tax Credit for 2009 is $1,350.