Two disclosure programs will reduce penalties
How to report agricultural income
7 out of 10 of the most commonly requested adjustments from CRA to an employer's payroll are related to taxable benefits.
RBC GAM's now offering PFIC Annual Information Statements for 2014.
You need to know how CRA would view revenues from the condo’s rental income and what would trigger an audit.
Few Canadians are claiming the first-time donors super tax credit, reports The Globe and Mail. The credit, which was launched in 2013, lets people donating to registered charities for the first time claim an additional 25% non-refundable tax credit. The Globe says uptake has been just 20% of what the government predicted it would be. […]
Like the federal government's pledge to introduce income-splitting for couples with children under 18, the Conservative's promise to double the contribution room for TFSAs is also coming under criticism for mainly benefiting the wealthy.
Few Canadians have the money ready to contribute to the their RRSPs.
Clients are beginning to receive their T4s, T5s, T3s and RRSP contribution slips in the mail, so tax filing will soon be top of mind.
During tax time, clients look to you to help them save money.