The chair of the Senate finance committee has proposed changes to the Liberals' so-called middle class tax cut.
Learn the details of how this type of income is taxed.
Speculating about Trump’s administration is sure to be lively conversation fodder at this holiday season’s gatherings. Here’s an early cheat sheet of insights, courtesy of CIBC economists Royce Mendes and Avery Shenfeld. Spending and tax cuts: Together, these should drive U.S. growth of 2.1% in 2018, causing the Fed to act more quickly than expected, […]
On October 21, 2016, final draft legislation was released and now forms the final measures contained in Bill C-29.
Now is the time to use tax credits only available until Dec. 31, says CIBC tax planner Jamie Golombek.
The maximum pensionable earnings under the CPP for 2017 will be $55,300, up from $54,900 in 2016
Taxes, and dealing with the IRS, are the most common reasons people want to ditch their U.S. citizenship. But amid a highly polarized American electorate, and Donald Trump’s odds of becoming the next president, the United States may be looking at even more citizens renouncing. After the Foreign Account Tax Compliance Act (FATCA) became law […]
A reader writes: “In 2008, I sold my principal residence and now rent. I own a second residence that I occupy for six months each year, which, since 2008, has been my principal residence. What paperwork is needed to establish its value in 2008, which will be the base for when it is sold in […]
Tax and estate implications of this important exercise
Recent case shows the consequences of not seeking advice