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	    Jamie Golombek | Advisor.ca	</title>
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	<link>http://www.advisor.ca</link>
	<description>Advisor.ca is a go-to resource for Canadian retail financial advisors, covering news about financial markets, insurance, investments, practice management, and tax and estate planning needs.</description>
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		<title>Taxpayer gets second chance</title>
		<link>http://www.advisor.ca/tax/tax-news/taxpayer-gets-second-chance-77515?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/taxpayer-gets-second-chance-77515#comments</comments>
		<pubDate>Sun, 15 Apr 2012 17:18:40 +0000</pubDate>
		<dc:creator>_stephv</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[Readers will recall my repeated warnings about the severe penalties for failing to file Form T1135, the Foreign Income Verification Statement.]]></description>
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		<title>Over-contribution retribution</title>
		<link>http://www.advisor.ca/tax/tax-news/over-contribution-retribution-75829?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/over-contribution-retribution-75829#comments</comments>
		<pubDate>Thu, 01 Mar 2012 05:00:25 +0000</pubDate>
		<dc:creator>Megan Ip</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[Make sure clients don’t put too much into TFSAs and RRSPs]]></description>
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		<title>Contentious clawbacks</title>
		<link>http://www.advisor.ca/tax/tax-news/rrsp-withdrawals-can-affect-government-sponsored-pension-benefits-74027?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/rrsp-withdrawals-can-affect-government-sponsored-pension-benefits-74027#comments</comments>
		<pubDate>Wed, 01 Feb 2012 14:46:24 +0000</pubDate>
		<dc:creator>_stephv</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[From time to time, the issue of the dreaded clawback of the Guaranteed Income Supplement (GIS) or Old Age Security (OAS) benefits rears its ugly head in Tax Court when an irate&#8212;and often confused&#8212;taxpayer challenges the government&#8217;s decision to suddenly reduce his or her government benefits based on a one-time unusual income event the prior year.]]></description>
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		<title>No sympathy</title>
		<link>http://www.advisor.ca/tax/tax-news/no-sympathy-71768?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/no-sympathy-71768#comments</comments>
		<pubDate>Sun, 01 Jan 2012 18:51:14 +0000</pubDate>
		<dc:creator>_stephv</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[This past fall saw the  release of six Federal Court of Appeal decisions (<em>Stemijon  Investments Limited v. A.G. Canada, 2011 FCA 299</em>), involving the  Asper Group of companies and their ongoing tiff with the Canada Revenue Agency  over egregious penalties charged for the late filing of Form T1135, the  &#8220;Foreign Income Verification Statement.&#8221; ]]></description>
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		<title>Rental woes</title>
		<link>http://www.advisor.ca/tax/tax-news/rental-woes-68785?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/rental-woes-68785#comments</comments>
		<pubDate>Sat, 31 Dec 2011 15:41:07 +0000</pubDate>
		<dc:creator>_stephv</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[Tax write-offs from income properties don&#8217;t always materialize]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Defining pre-business activity tax claims</title>
		<link>http://www.advisor.ca/tax/tax-news/defining-pre-business-activity-tax-claims-64458?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/defining-pre-business-activity-tax-claims-64458#comments</comments>
		<pubDate>Thu, 10 Nov 2011 16:55:05 +0000</pubDate>
		<dc:creator>jaq</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[When does a business become a business for tax purposes? This question is fundamental to knowing when to write off losses associated with a business activity against other income on your personal tax return.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Beware the kiddie tax</title>
		<link>http://www.advisor.ca/tax/tax-news/beware-the-kiddie-tax-2-56027?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/beware-the-kiddie-tax-2-56027#comments</comments>
		<pubDate>Tue, 30 Aug 2011 17:55:20 +0000</pubDate>
		<dc:creator>jaq</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[One of the most popular methods of legal income splitting in the 1990s was to have a business owner issue shares directly or indirectly (via a family trust) to his or her minor children.]]></description>
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		<title>Selling your book?  Keep your receipts for tax time</title>
		<link>http://www.advisor.ca/tax/tax-news/remember-those-records-receipts-at-tax-time-44818?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/remember-those-records-receipts-at-tax-time-44818#comments</comments>
		<pubDate>Sat, 20 Aug 2011 15:14:58 +0000</pubDate>
		<dc:creator>jaq</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[We’re about to enter tax season. Not only will clients be calling with tax return preparation questions, but now is also a good time to get a head start on your own tax return by gathering documentation, slips and other records needed to substantiate your own business expenses.
]]></description>
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                                            </item>
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		<title>Watch the taxes on foreign investments</title>
		<link>http://www.advisor.ca/tax/tax-news/foreign-shares-can-cause-tax-headaches-51146?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/foreign-shares-can-cause-tax-headaches-51146#comments</comments>
		<pubDate>Thu, 04 Aug 2011 15:38:18 +0000</pubDate>
		<dc:creator>jaq</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[When clients receive their T3 and T5 slips, be prepared to have an open and knowledgeable conversation with them should they ask why they are being asked to pay tax on the various income and/or capital gains amounts they've reported.]]></description>
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		<slash:comments>0</slash:comments>
                                            </item>
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		<title>Double-check your returns</title>
		<link>http://www.advisor.ca/tax/tax-news/double-check-your-returns-53219?rss=yes</link>
		<comments>http://www.advisor.ca/tax/tax-news/double-check-your-returns-53219#comments</comments>
		<pubDate>Mon, 18 Jul 2011 20:22:44 +0000</pubDate>
		<dc:creator>jaq</dc:creator>
				<category><![CDATA[Tax News]]></category>

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                                    <description><![CDATA[In matters of tax compliance, such as filing on time or ensuring you properly report all your income or ownership of foreign income-producing assets (where the cost amount is above $100,000), the penalties for not properly following the rules or for negligence are severe.]]></description>
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