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Morneau talks tax crackdown and information sharing

Finance Minister Bill Morneau says the government is considering legislation aimed at tax evaders that would give foreign authorities some access to Canadians' confidential information

Budget news for RDSP-eligible clients and their families

How the feds are dealing with RDSPs and QDTs

Post-budget passive income strategies

It’s what small business owners have been waiting for ever since the federal government released its July proposals: clarity on how passive income will be…

Highlights from budget 2018

From passive income rules to cybersecurity spending, here's what the feds propose

Budget 2018: The picture on passive income

Find out more about this year's federal budget

Golombek’s thoughts on new passive income rules

The math behind the federal government’s rules, and tax strategies to explore

  • By: Katie Keir
  • February 27, 2018 September 12, 2018
  • 18:30
Row of multicolored folders with documents on white background

CRA to increase filing requirements for trusts

Part of an effort to counter tax avoidance

Feds to tie passive income threshold to small business deduction

The new rules take a different approach; no changes to income splitting

How to use bitcoin to purchase goods

Here's a look at a single bitcoin transaction in the U.S.

Bridge to Canada Sign

Pleading not GILTI: tax deferral strategies for Canadian-resident U.S. citizens

The story behind global intangible low-taxed income

  • By: Max Reed
  • February 23, 2018 September 7, 2018
  • 11:56

Tax financial transactions, close loopholes, CCPA says in alternative budget

With the federal budget only a few days away, think tank Canadian Centre for Policy Alternatives (CCPA) is calling on the Liberal government to tax…

  • By: Staff
  • February 22, 2018 August 21, 2018
  • 16:34
Jigsaw Puzzle on Blue background

How retirees can accumulate RRSP room

Find out what types of income add to the calculation of deduction room

Bakery owners

What TOSI means for succession planning

Find out how income sprinkling measures apply to inherited property

More to watch than tax reform in the U.S.

There are also some macroeconomic factors to monitor

Tax credits and benefits for students

Post-secondary students with little or no income can still take advantage of tax credits and deductions. Make sure clients with children at university and college…

  • By: Staff
  • February 21, 2018 September 12, 2018
  • 10:30

4 structures to protect Canadians from the U.S. estate tax—updated

Canadian residents who aren’t U.S. citizens may be surprised to know that U.S. estate tax can apply to them

  • By: Max Reed
  • February 20, 2018 September 4, 2018
  • 11:52

CRA looks at analyzing big data to combat offshore tax evasion

The CRA supports the five recommendations set out in the recent letter from the Offshore Compliance Advisory Committee (OCAC).

  • By: Staff
  • February 20, 2018 August 21, 2018
  • 09:54

Renouncing U.S. citizenship after U.S. tax reform

Renouncing is a personal decision with a number of pros and cons

  • By: Max Reed
  • February 20, 2018 September 4, 2018
  • 05:59

How U.S. tax reform affects leveraged buyouts

A look at how U.S. tax reform will affect leveraged companies

Tax reform: hits and misses for cross-border clients

Mostly misses—especially tax deferral loss for corporations

Morneau hints at budget clarification on passive income rules

Liberals won't be "impulsive" in response to U.S. tax cuts

CRA conducts Panama Papers searches in multiple Canadian cities

CRA has executed three search warrants in a criminal investigation of offshore tax evasion. Read: Remind clients to report offshore investments The search warrants took…

  • By: Staff
  • February 14, 2018 August 21, 2018
  • 15:03

Common tax benefits and credits for seniors

As tax season approaches, CRA is reminding seniors to make the most of the benefits and credits for which they’re eligible. Read: Essential tax numbers:…

  • By: Staff
  • February 14, 2018 August 30, 2018
  • 14:02

Tax questions for business owners in 2018

Tax planning for business owners always requires vigilance, and this is particularly true this year

More than one-third of Canadians won’t contribute to RRSPs: poll

Many Canadians aren't taking full advantage of RRSPs

  • By: Staff
  • February 5, 2018 August 21, 2018
  • 10:50