The cost of TFSA contributions for non-residents
Case study explains the consequences
Case study explains the consequences
Clients may be more open to discussing serious illness planning than death planning
Tax agency releases underused housing tax self-assessment tool
Broad estimates and generous assumptions may mean the APP is less viable than it seems
The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms
The federal government also is calling on grocers to stabilize prices
The Canada Revenue Agency's extended deadline to file a UHT return and pay any tax is approaching
Tax lawyers express concerns about overreach as Ottawa proposes to revamp the general anti-avoidance rule
Interest rate Canadians must pay on overdue tax will remain 9%
The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20
Canadians making above $300,000 to contribute 98% of total AMT
Artificial intelligence is playing a big role in identifying wealthy tax dodgers
Don’t let outdated pension rules threaten your client’s retirement plans
The CRA said in July that it had let 20 employees go as a result of its CERB investigation
The first $500 top-up was rolled out just before Christmas and distributed $402 million
Current regulations are outdated and artificially cap contributions
What to know before administering an estate
Trustees must use Schedule 15 to report names, addresses and tax information numbers for beneficiaries
Draft rules are intended to help administrators match beneficiaries with unclaimed pension benefits
Accountholders' unused TFSA contribution room exceeded the market value of their plans at almost all income levels
If your client is an affected owner, they must file a UHT return by Oct. 31 to avoid penalties
The amount has been falling in real terms