CRA

A look at U.S. tax exposure

The IRS says it will go after deliberate tax evaders overseas.

By Terry Ritchie and Brian Wruk |August 27, 2012

2 min read

Why clients must pay back RRSP withdrawals

The HBP allows first-time home buyers to withdraw up to $25,000 from their RRSPs to assist them with buying a home. The funds need to be paid back over a 15-year period. If payment is missed in a particular year, the amount not repaid must be included in the participant’s income for that year.

By Jamie Golombek |August 8, 2012

3 min read

CRA cracks down on the wealthy

Don’t let your clients get caught up in the CRA's related party initiative dragnet. If one or more of the following questions apply to them, suggest they call a tax lawyer.

By John Lorinc |July 23, 2012

1 min read

How to define an estate

It's difficult to distinguish an estate from other trusts

By Jamie Golombek |May 18, 2012

3 min read