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Ontario man fined more than $115K for fraudulent child tax benefit claims

The CRA says the benefits were claimed for children who didn’t exist or never entered Canada

  • By: Staff
  • April 11, 2019 April 11, 2019
  • 14:47
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Budget 2019 could mean more tax payable for fundholders

Department of Finance expects to gain $350 million by 2024 from proposals

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Federal NDP would raise capital gains tax to 75%

The $3 billion raised would go toward pharmacare, childcare and housing

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CRA publishes Q2 prescribed interest rates

The rate decreased for corporate taxpayers' pertinent loans or indebtedness

  • By: Staff
  • March 29, 2019 March 29, 2019
  • 10:26
Workers In Family Business Standing Next To Van

Put deferral loss in perspective for Ontario business owners

Find out how loss of the small business deduction could affect your client

BOBBOZ / GETTY IMAGES; ICON: ISTOCKPHOTO

Make TOSI less taxing for your business-owner client

Where to find clues to help solve the puzzle

KEN YUEL PHOTOGRAPHY / GETTY IMAGES

Supreme Court ruling a reminder to advisors about disability planning tool

The top court said Henson trusts shouldn’t interfere with subsidized housing eligibility

Financial data on a monitor—Stock market data on LED

Clients day trading in their TFSAs? They’re ultimately liable for the tax

Issuers are only "joint and severally liable" to a point

Canadian individual tax form T1 close-up

Are tax refunds a cash windfall or bad planning?

An updated look at how clients could be putting refund money to work year-round

Modern condo buildings with huge windows in Montreal, Canada.

Tax implications of the new first-time homebuyer incentive

Experts highlight the missing details

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Budget 2019: Everything you need to know

Stock options, annuities and first-time homebuyers—all of Advisor.ca's coverage in one place

  • By: Staff
  • March 19, 2019 April 2, 2019
  • 19:41
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Government targets investment funds that use forward contracts

The change takes aim at funds that seek to reduce taxes through dividend contracts

Family plays

Feds offer help to first-time homebuyers

Find out if your client qualifies for the new homebuyer incentive

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Liberals offer relief to RDSP holders who lose DTC eligibility

Proposals in the 2019 budget change the time limitations for closing plans

Parliament Hill building closeup in Ottawa, Canada

Federal budget introduces annuities deferred to age 85

The plan will allow retirees to keep more savings tax-free until later in retirement

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Liberals to impose $200K threshold for tax treatment of stock options

New rules target executives at large firms

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Belated happy 10th anniversary, TFSA

The savings account's first decade saw tremendous success, as well as trials and rule changes. What's next?

How men benefit more than women from federal tax expenditures

A CCPA report breaks down an imbalance from tax breaks and loopholes

  • By: Staff
  • March 7, 2019 March 27, 2019
  • 09:15
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Advantages when clients file taxes before the deadline

Plus, why clients shouldn't file too early

Business people, entrepreneur, business, small business concept

Capital gains reform would support growth companies: C.D. Howe

The think tank is calling for rule changes to encourage IPOs

  • By: Staff
  • February 28, 2019 February 28, 2019
  • 11:57

Unpacking a ‘comprehensive review’ of the tax system

The calls are coming from all sides, but what would such a review actually look like?

BIESHUTTERB / ISTOCKPHOTO

Taxpayer who didn’t report dividends found not liable

Breaking down gross negligence versus an honest mistake

Beautiful view of historic parliament building in the citycenter of Victoria

B.C. budget offers tax relief for families

The new program, with a maximum benefit of $1,600, goes to age 18

Closeup of paper man pushing tax wooden block on table against gray background

Small businesses say they’ll bear brunt of carbon tax

The CFIB says small businesses will struggle to pass on costs to consumers

  • By: Staff
  • February 12, 2019 February 12, 2019
  • 10:06
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Cross-border gift tax issues for Canadians

Tips to avoid double taxation, and other strategies