Industry

Advisory industry lacks competition: IIAC

The advisory industry lacks entrepreneurial advisors and new firms.

January 18, 2013

2 min read

Swiss franc tumbles on profit booking

A wave of sell-off hammered the Swiss franc, which tumbled to its lowest in 20 months. A result of currency traders moving quickly to capitalize on improved sentiment in Europe, the franc’s fall has led many to believe the Swiss National Bank could unload some of its large cache of foreign currency to book profit […]

By Staff |January 18, 2013

1 min read

Offshore tax evasion in Treasury, IRS crosshairs

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today issued comprehensive final regulations implementing the information reporting and withholding tax provisions commonly known as the Foreign Account Tax Compliance Act (FATCA). Enacted by Congress in 2010, these provisions target non-compliance by U.S. taxpayers using foreign accounts.

By Staff |January 18, 2013

2 min read

Does inflation affect your clients’ taxes?

Personal income tax and benefit amounts are indexed to inflation using Statistic Canada’s CPI each year.

By Staff |January 18, 2013

1 min read