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Liberal income tax cut could benefit top earners: PBO

A high earner could benefit by claiming a tax credit for a spouse or child who earns little or nothing

Customer service evaluation form with male hand drawing pink tick on poor.

CRA call centres get a “D” on CFIB’s report card 

Business group says overall quality of service lower and wait times longer than in previous survey

Sir Oliver Mowat statue at the Ontario Legislative Building in Toronto

Ontario’s tax cut for small biz becomes official

The drop in the small business rate, effective Jan. 1, was proposed in the fall fiscal update

  • By: Staff
  • January 6, 2020 January 6, 2020
  • 11:38
Calculator paper tape rolled up

Top 10 tax and estate articles from 2019

From an election-year budget to an advantages folio update, a look back on the year in tax news

  • By: Staff
  • December 23, 2019 December 23, 2019
  • 12:00
DUNCAN1890 / GETTY IMAGES

Top 10 tax columns from 2019

From Tax Court drama to cross-border gifts, the most-read articles from our roster of tax experts are still relevant today

  • By: Staff
  • December 23, 2019 December 23, 2019
  • 12:00
Parliament buildings in winter

Feds delay changes to employee stock option deductions

Details will come in the 2020 federal budget, Finance Minister Bill Morneau says

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Time-sharing versus fractional ownership

Help your client choose a vacation property with these tips

A piggy bank with a twenty dollar bill for the money saving mind set.

Finance releases climate payment amounts for 2020

Payments go to residents of provinces that have not adopted federal carbon pricing

  • By: Staff
  • December 16, 2019 December 16, 2019
  • 16:19
Calendar Planner Organization Management Remind Concept

Tax reminders for the end of 2019

At the close of the decade, make sure clients maximize their tax efficiency

Parliament buildings in winter

Liberal priorities to include stock option changes, luxury tax

New ministerial mandate letters also address OAS and CPP hikes

Is a holding company right for your client?

Breaking down the tax implications

Interior view of the Canada Commons of Parliament, Ottawa

How the federal tax cut will impact clients

Overstretched consumers may welcome the extra money but the boost to growth will be small, according to reports

The Rideau Canal in Ottawa, Canada

Liberals introduce tax amendments, promise fiscal update

The government will release its fiscal update before Christmas, Morneau says

Tax experts offer advice for business owners

From raising cash to applying for federal support, here's what your clients need to know

Part-time advisor’s business income doesn’t justify ‘staggering’ expenses

A Tax Court case shows what can happen to unsupported claims

CRA suspends new debt collection to prevent financial hardship

Pre-existing situations will be assessed case by case

TOSI exceptions for your business-owner client

Find out what the CRA says about investment income and selling a business

New trust reporting and disclosure rules are coming

The idea of a “private” trust will slip from the vernacular in 2021, as the government gains new information

Dealing with no-contest clauses

What is a no-contest clause, and what do executors need to know?