You won’t get away with it, so fess up and clear the air
Registered accounts aren’t for everyone
Be careful what expenses you write off, especially when they could be considered personal. Take the recent case of Laird Stevens (Stevens v. The Queen, 2012 TCC 312), a writer and part-time English professor at Concordia University in Montreal.
Not just another crossover calculation.
If you have clients with cross-jurisdictional tax ties, there are a few ways to lower their obligations.
The U.S. Department of the Treasury is reaching out to more than 50 countries to improve international tax compliance.
Knowing what and where is the key to establishing rates.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2013 will be $51,100
The defendant charged $101,279 in personal expenses to the company in 2005 and 2006.
Tax preparers can now register with the Canada Revenue Agency (CRA) to comply with new mandatory electronic filing requirements. Starting January 2013, those who prepare more than 10 income tax returns in a year will be required to file them electronically. This applies to both T1 individual income tax and benefit returns, and T2 corporation […]