Tax News

IRS updates RRSP and RRIF reporting rules

New rules are a welcome change.

By Kevyn Nightingale |December 12, 2014

3 min read

Former advisor tries to pull one over on CRA

In one of the strangest tax cases in years, an advisor went to court arguing that he should be entitled to claim an income loss of $14,000, and capital loss of $14.8 million, due to the loss of clients.

By Jamie Golombek |December 12, 2014

3 min read

Tax wish list: A selection of pre-budget submissions

It’s the time of year when wish lists come out — like the pre-budget submissions that go to the House of Commons Standing

By Doug Carroll |December 12, 2014

3 min read

8 ways to cut taxes in 2015

It’s time for clients and business owners to consider how to reduce taxes in April, says EY in a new report. The firm identifies the top ten conversations you should be having with clients before the year ends. These are: 1. How to approach income splitting. Clients should consider splitting loans, given the prescribed interest […]

By Staff |December 11, 2014

2 min read