Tax News

Tax News

When CRA auditors are wrong

Winning damages isn’t guaranteed

By Doug Carroll |March 20, 2015

3 min read

Tax News

Get clients compliant with the IRS

Two disclosure programs will reduce penalties

By David A. Altro |March 20, 2015

6 min read

Planning and Advice

Helping clients who farm

How to report agricultural income

By Jessica Bruno |March 20, 2015

4 min read

Tax News

4 problems with the family tax cut

The federal government’s spousal income-splitting plan has already come under criticism for disproportionately benefiting high-income families, but there are other problems with the tax break.

By Staff |March 18, 2015

1 min read

Industry

RBC GAM offering 2014 PFIC tax statements

RBC GAM's now offering PFIC Annual Information Statements for 2014.

By Staff |March 9, 2015

1 min read

Estate Planning

New complications for trust planning

Estate planning has become much more complicated now that the department of finance has passed legislation to implement some 2014 federal budget measures.

By Stella Gasparro |March 6, 2015

4 min read

Market Insights

Condo investment shouldn’t be a tax nightmare

You need to know how CRA would view revenues from the condo’s rental income and what would trigger an audit.

By Evelyn Juan |March 6, 2015

5 min read

Tax News

Don’t forget the first-time donors’ super credit

Few Canadians are claiming the first-time donors super tax credit, reports The Globe and Mail. The credit, which was launched in 2013, lets people donating to registered charities for the first time claim an additional 25% non-refundable tax credit. The Globe says uptake has been just 20% of what the government predicted it would be. […]

By Staff |March 2, 2015

1 min read