New rules are a welcome change.
In one of the strangest tax cases in years, an advisor went to court arguing that he should be entitled to claim an income loss of $14,000, and capital loss of $14.8 million, due to the loss of clients.
It’s time for clients and business owners to consider how to reduce taxes in April, says EY in a new report. The firm identifies the top ten conversations you should be having with clients before the year ends. These are: 1. How to approach income splitting. Clients should consider splitting loans, given the prescribed interest […]
Our runner-up financial phrase of the year is, “Are you a U.S. person?”
The IRS has today announced interest rates will remain the same for the calendar quarter beginning Jan. 1, 2015.
We’ll be posting our coverage and analysis of some of the most important issues of the year.
CRA is reminding taxpayers and registrants (for both GST/HST and non-GST/HST purposes) that they have until December 31, 2014 to make a taxpayer relief request related to 2004.
The head of the IRS says more than half the people who will phone the tax agency next year may not get the help they’re looking for.
CRA has accidentally leaked the personal information of hundreds of rich and famous Canadians to CBC in response to an access to information request.
Here’s what business owner clients need to know