Court overturns father’s decision to disinherit daughters
Adult twins who were disinherited by their dad have been granted 70% of his estate by a B.C. judge
Top Stories in Tax
Budget proposal will mean “big change” for CRA audits, lawyer says
A speaker at the 2021 STEP conference warns that CRA auditors could soon have greater authority to require individuals to answer questions
- By: Rudy Mezzetta
- June 14, 2021 June 14, 2021
- 15:49
Government to reimburse self-employed workers who repaid CERB
Details of how to request the reimbursement have been released
- By: Staff, Canadian Press
- May 27, 2021 May 27, 2021
- 16:58
What U.S. tax proposals mean for Canadians
Breaking down estate tax and capital gains for cross-border clients
- By: David A. Altro
- May 26, 2021 May 26, 2021
- 12:29
U.S. proposes tax of at least 15% on global corporate profits
The proposed 15% is a floor, with further discussions encouraged to push the rate higher
- By: The Associated Press
- May 21, 2021 May 21, 2021
- 13:32
U.S. businesses may have to report crypto assets to IRS
The Treasury Department issued a report Thursday that outlines proposals for new measures
- By: The Associated Press
- May 21, 2021 May 21, 2021
- 10:13
Closing Canada’s “tax gap” would raise about $3 billion: report
The 2021 budget proposed new measures and funding to deal with tax evasion
- By: Mark Burgess
- May 18, 2021 May 18, 2021
- 11:52
What the disability tax credit means for eligible Canadians and their families
Qualification is a gateway to additional tax savings
- By: Rebecca Hett
- May 14, 2021 May 14, 2021
- 15:13
Non-resident executors and posting bond
Clients may need to revise their wills if they’ve named out-of-jurisdiction executors
- By: Tim Brisibe
- May 11, 2021 May 11, 2021
- 12:00
Ontario’s new probate process for small estates is easier
New rules may allow more executors without a legal background to apply for probate
- By: Rudy Mezzetta
- May 11, 2021 May 11, 2021
- 09:30
Home or cottage: Which should be a principal residence?
Knowing the answer can help maximize your client’s wealth
- By: Curtis Davis
- May 11, 2021 May 11, 2021
- 09:30
Instalment payments for clients who owe taxes
There are three options used to determine how much taxpayers need to pay each quarter
- By: Jamie Golombek
- May 11, 2021 May 11, 2021
- 09:30
After years, U.S. court hands tax win to Michael Jackson heirs
The IRS had wildly inflated the value of the King of Pop's assets
- By: Andrew Dalton, The Associated Press
- May 5, 2021 May 5, 2021
- 14:22
Federal budget bill includes changes to stock options, annuities, mutual fund trusts
New legislation will adopt a number of measures from the 2019 budget
- By: Staff
- May 4, 2021 May 4, 2021
- 16:47
Biden’s corporate tax plan takes aim at income inequality
President Joe Biden wants to crack down on the loopholes, shelters and havens that allow multinationals to dodge taxes
- By: Paul Wiseman, The Associated Press
- April 30, 2021 April 30, 2021
- 11:30
Breaking down Biden’s proposal on long-term capital gains
A look at what could change and who would be affected
- By: Stan Choe, The Associated Press
- April 29, 2021 April 29, 2021
- 10:14
Marriage no longer automatically revokes a will in Ontario
Bill 245 has received royal assent, which also means that Ontario is a substantive compliance province and virtual will witnessing is permanent
- By: Rudy Mezzetta, Melissa Shin
- May 3, 2021 May 4, 2021
- 17:39
Quebec extends tax for financial institutions, drops small biz tax rate
The finance minister forecast a deficit of $12.3 billion this fiscal year
- By: Staff, with files from The Canadian Press
- March 26, 2021 March 26, 2021
- 12:59
Can a trust avoid tax on a deceased person’s RRSP?
A trustee’s tax liability has limits, a court case suggests
- By: Doug Carroll
- March 23, 2021 March 23, 2021
- 10:14