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income tax owing

Feds propose allowing e-signatures for key tax forms

The CRA would issue electronic notices of assessment as the default when returns are filed electronically

Interior view of the Canada Commons of Parliament, Ottawa

Federal budget 2021: What you need to know

All of Advisor.ca’s 2021 federal budget coverage in one place

  • By: Staff
  • April 19, 2021 April 21, 2021
  • 20:35
Interior view of the Canada Commons of Parliament, Ottawa

Feds propose expanding eligibility for disability tax credit

The DTC is key to programs such as the RDSP and Child Disability Benefit

Federal budget extends Covid support for businesses

New measures include a hiring subsidy and e-commerce support

tax season

Tax highlights from Budget 2021

The budget was missing big-ticket tax changes but Jamie Golombek says there's "something there for everyone"

Financial or investment time counting with hourglass or sandglass and stack of coins on wooden table with white background.

Budget 2021 revives tax issues from 2019

IPP changes, annuities and allocation to redeemers are back on the agenda

Yatch in ocean

Liberals put luxury tax in federal budget

Your wealthy clients will pay more for luxury vehicles as of Jan. 1, 2022

Wooden cubes tax with canadian dollar

Quebec gives taxpayers an extra month to file return

Ottawa is facing pressure to do the same

Canadian tax form

CRA tax tips for the self-employed

The agency discussed the impact of Covid benefits on tax returns

  • By: Staff
  • April 7, 2021 April 7, 2021
  • 14:28

Biden administration makes pitch for higher business taxes

The extra revenue would fund infrastructure such as roads and broadband

Eager to build infrastructure, Biden plans to tax business

The American president's plan includes hiking the corporate rate to 28% from 21%

Chateau Frontenac in Quebec city, Canada

Quebec extends tax for financial institutions, drops small biz tax rate

The finance minister forecast a deficit of $12.3 billion this fiscal year

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Ontario proposes new jobs training tax credit for 2021

The refundable credit would provide up to $2,000 against training costs

small-business

Ontario provides second round of support to small businesses

The province is doubling the small business grant and introducing a new grant for tourism and hospitality businesses

young woman in a virtual meeting

Tax tips for clients who sold, bought or renovated homes in 2020

The Canada Revenue Agency outlined reporting requirements, credits and more

  • By: Staff
  • March 24, 2021 March 24, 2021
  • 15:21
Financial or investment time counting with hourglass or sandglass and stack of coins on wooden table with white background.

IRS announces filing extension for 2020 tax return

U.S. taxpayers will have until May 17 to file and pay taxes owing

tax season

Helping clients through a challenging tax season

Tips for the month ahead

paper plane

Help clients transfer global pensions to Canada

Three steps for assessing eligibility

Canadian individual tax form T1 close-up

Don’t let CRA tax interest relief tempt you into filing late, experts warn

Relief hasn't been extended to late-filing penalties where there’s an unpaid tax liability

Parliament buildings in winter

Finance committee recommends capital gains exemption for private share donations

The pre-budget report also recommends reforming the registered disability savings plan

income tax owing

Proactive tax planning for 2021

Take these steps to help clients manage tax on pandemic benefits

working from home

Claiming home office expenses under the CRA’s new rules

Which method is best for your clients?

Young business woman working at desk typing on a laptop in office and drinking coffee.

How to deduct home office expenses

Here’s what your clients need to know for the 2020 tax year

Parliament buildings in winter

Top 10 tax stories from 2020

There's a lot of tax news to review heading into a new year

  • By: Staff
  • December 24, 2020 December 24, 2020
  • 09:34
Data Processing as System and Business Informatics

CRA promotes public database to track employers using wage subsidies

For privacy reasons, the public registry does not include sole proprietors