Canadians only have about a month to take advantage of year-end tax savings. “There are a number of easy ways for Canadians to reduce taxes that they might otherwise owe, but in many cases you need to act before December 31,” says CIBC’s tax and estate planning expert, Jamie Golombek. Read: TFSA contribution limit increased […]
The Canada Revenue Agency is increasing its efforts to audit and prosecute promoters of tax evasion schemes.
U.S. Business owners and investors are scrambling to shield themselves from potentially higher taxes next year, reports The New York Times.
The CRA has issued a warning to business owners about electronic sales suppression software.
The government introduced five positive changes to the RDSP in Budget 2012
Several provinces are cash-strapped, and are looking to collect more tax. Here are some tax considerations that could save your clients thousands. Discuss each as part of your year-end planning meeting.
Last week, StatsCan released new underground economy (UE) estimates for Canada. They’re based on activity from 1992 to 2009, and will be used to help enhance compliance with Canada's tax laws.
Canada reigns as one of the most competitive countries in the world when it comes to paying taxes, says a new KPMG study.
Newcomers establishing businesses in Canada must be aware of tax implications both here and back home. Help them address their concerns about high taxes and immigration risks.
Make sure clients file Notices of Objection on time.