Do your clients have an income tax refund cheque coming their way? Consolidated Credit Counseling Services of Canada, Inc., has some suggestions for using these funds wisely.
Preparing your annual tax return can actually be a rewarding experience if you know how to take advantage of all the tax deductions and credits, says CIBC’s tax and estate planning expert, Jamie Golombek. “If you know where to look, preparing your taxes can be enjoyable as you find savings and ways to reduce your […]
the government has increased auditing resources for the CRA's international compliance programs since 2006.
Your client’s tax return can tell you a lot. It can tell you about support payments she’s making to her former spouse, what sports her kids play or what charities she supports.
Proposed B.C. tax increases would negatively impact the province's co-operative banking sector.
Of the Ninety-four percent of Canadians who file their taxes each year, more than half (52%) say they do it because it’s "the right thing to do," according to BMO Nesbitt Burns’ Psychology of Taxes Study.
For many Canadians, tax season means a lump sum of money, but that doesn't mean they should spend at once.
The Canada Revenue Agency (CRA) plans to have measures in place to combat international tax avoidance and evasion.
The one million Americans who live in Canada may face additional tax and reporting considerations regardless of where they call home, or how little time they spend in the U.S.
Despite the anxiety that often accompanies tax season, almost half of Canadians take the do-it-yourself approach to doing taxes. There are instances, however, where they need to rely on professional advice.