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For ‘guys like me,’ Buffett supports estate, minimum tax

Buffett discussed the U.S. tax system with PBS Newshour

  • By: Staff
  • June 29, 2017 August 21, 2018
  • 14:43

How to claim the principal residence exemption

What to do when your client sells her home.

CRA registered fee folio delayed to summer

Advisors waiting for CRA to clarify how it will treat registered fees paid from open accounts will have to wait a little longer

Pitfalls with employee stock option taxation

Things get tricky when the option price is in a foreign currency

T1135 reporting and joint tenancy: what to do

Owning property jointly with a family member can mean the attribution rules apply

CRA announces Q3 interest rates

Largely, there have been no changes to the prescribed interest rates since last quarter, says CRA

  • By: Staff
  • June 16, 2017 August 21, 2018
  • 12:54

Small business tax regime almost ‘unworkable’

Ottawa’s changes to the private corporation and small business tax rules have made the new regime so complex that it’s almost unworkable, tax experts said…

CRA seeks comment on proposed changes to VDP tax program

Diane Lebouthillier, minister of national revenue, has launched an online consultation to get commentary from Canadians on CRA's proposed changes to tighten its Voluntary Disclosures…

  • By: Staff
  • June 12, 2017 August 21, 2018
  • 10:02

Understanding the new T1135

Updated for 2017

Pension splitting: special rules and planning opportunities

Find out how to help clients

  • By: Lea Koiv
  • June 8, 2017 September 5, 2018
  • 05:59

Self-employed and HNW clients less likely to pay their taxes: CRA

CRA looks to crack down on the tax gap

  • By: Staff
  • June 7, 2017 August 21, 2018
  • 10:47

Do new housing measures ‘distort the market’? Experts are split

Quebec recently rejected a tax on foreign buyers of real estate. Should B.C. and Ontario have done the same?

  • By: Staff
  • June 6, 2017 August 21, 2018
  • 11:00

Advisors weak on tax management, investor survey says

Advisors have some tax management work to do for clients, according to a new survey of investors. Natixis Global Asset Management surveyed 500 Canadian investors…

  • By: Staff
  • June 6, 2017 August 21, 2018
  • 00:03

Ombud asks CRA to give reasons when ruling if taxpayer is employee or contractor

CRA accepts four of five recommendations

  • By: Staff
  • June 5, 2017 August 21, 2018
  • 13:58

Think you know pension splitting? Take this quiz

See how you score on five questions

  • By: Lea Koiv
  • June 1, 2017 September 4, 2018
  • 05:59

How pension splitting works

Most tax filers don't take advantage of the rules. Make sure your client isn't one of them

  • By: Lea Koiv
  • June 1, 2017 September 4, 2018
  • 05:59

Salary or dividends: Which is better for business owners?

All incorporated small business owners eventually must decide how to pay themselves

How to minimize OAS clawback

Answer common client questions about OAS reductions

Why inherited IRAs are taxable in Canada

Case demonstrates why to report on both sides of the border

Tax tips for parents

Take advantage of a suite of benefits

Answer client questions about the Principal Residence Exemption and trusts

How do new PRE rules introduced in October 2016 change things?

Ontario raises limits for disability support

Clients using the Ontario Disability Support Program can soon hold larger amounts in liquid assets without the program clawing back their benefits.

Ready for tax planning automation?

A report last year by the Brookfield Institute, at Ryerson University, claimed 98% odds that the jobs of accountants and bookkeepers would be automated. An…

Taxpayer charged with fraud and forgery for false returns

False returns resulted in refunds of more than $85,000.

  • By: Staff
  • April 24, 2017 August 21, 2018
  • 11:01

New seg fund rules could reduce taxes for investors

And for clients.