MIDDLE CLASS TAX CUT INTRODUCED A middle class tax reduction was introduced for 2016. It has been called a middle class tax cut because it... View Article READ MORE
MINIMUM RRIF WITHDRAWALS DECREASED Registered Retirement Income fund (RRIF) rules were recently changed to take into account the changing financial outlook for retirees. The... View Article READ MORE
ELIGIBLE CHARITABLE EXPENSES EXPANDED The recent federal budget changed regulations related to the taxability of capital gains on property that is donated to eligible... View Article READ MORE
TAX DECREASE FOR SMALL BUSINESSES A welcome measure in the recent federal budget was the drop in corporate income taxes for small Canadian companies. The... View Article READ MORE
CRA WARNS OF FRAUD The Canada Revenue Agency (CRA) is again reminding taxpayers to be wary of scams from individuals pretending to be from... View Article READ MORE
RRSPs for those Canadian Residents who have US obligations The IRS announced on October 7 2014 that they would make it easier for taxpayers who hold interests in either... View Article READ MORE
Did You Know…Collecting GST You can start collecting the Goods and Services Tax Credit (GST) starting with the first quarterly payment that is issued... View Article READ MORE
T1135 – Foreign Income Verification Statement Changes Who is required to file? Individuals, Corporations, Trusts and Partnerships must file a T1135 if they have had total Specified... View Article READ MORE
