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CRA issues newsletter for registered pension plan contracts

The additional guidance reduces the risk of purchasing a non-compliant annuity

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Help your client wind down their private corporation

Consider these tax-efficient options

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Tax planning for CERB

The Canada Emergency Response Benefit could result in taxes owing

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CRA extends tax payment deadline to Sept. 30

The agency will not charge penalties and interest if payments are made by the new deadline

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Feds expand eligibility for $600 payment to Canadians with disabilities

If the proposals are enacted, eligible Canadians would receive the payment automatically

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CRA fines Quebec man nearly $500K for tax evasion

The man used fraud to avoid payment

  • By: Staff
  • July 8, 2020 July 8, 2020
  • 14:53
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Annual wealth tax in Canada would generate $5.6B, budget officer says

Almost 14,000 families would pay the tax on financial assets over $20 million

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A tax strategy about nothing

What Seinfeld can teach us about the value of staying the course

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Comparing Canadian and U.S. Covid-19 measures for retirees

U.S. taxpayers received greater relief for their retirement accounts

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CRA reduces prescribed rates for third quarter

The decrease creates new opportunities for tax planning


PBO report shines light on haves vs have-nots

In wake of report, NDP and Green Party renew call for wealth tax

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Help for the social-cause sector during Covid-19

These organizations’ structures dictate CRA compliance and pandemic support

stressed man

Court case shows how much can go wrong with T5008 slip

A taxpayer was told he owed $4.1 million in taxes

Parliament Hill building closeup in Ottawa, Canada

Canadians with disabilities will receive $600 from feds

The one-time payment is for increased costs related to support workers during the pandemic

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CRA extends tax filing relief to corporations and trusts

T2 and T3 filers now have until Sept. 1

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How small businesses without employees get shut out of benefits

More support is needed to cope with the pandemic


Long-term care and the principal residence exemption

Can your client claim the PRE after moving to assisted living?

Canada and USA Flag

A perfect storm is brewing for non-compliant U.S. taxpayers abroad

Subtle changes mean clients may want to act soon

  • By: Max Reed
  • May 4, 2020 May 12, 2020
  • 14:23
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Prescribed rate scheduled to drop for Q3

The lower rate creates opportunities for income splitting

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IRS provides tax relief for snowbirds stranded in the U.S.

New guidance helps people stuck south of the border due to travel disruptions

office work and metaphor for the payment of taxes

Canada lags in fund regulation, taxation: Morningstar

Canada scored "below average" in a new report

Parliament Hill building closeup in Ottawa, Canada

Advisor calls on feds to lower RDSP minimum withdrawals

The government says the pandemic may disproportionately affect those with disabilities

Sidestepping superficial loss rules

The process of selling losing investments is fairly straightforward

Wooden cubes tax with canadian dollar

Tax treatment of federal Covid-19 measures

RRIFs, CERB and working from home have tax implications

financial protection for the future - growth treasure

C.D. Howe Institute calls for temporary relief on RRSP withdrawals

A suspension would provide liquidity to those who need it during the crisis, the think tank says