Understanding the OAS Clawback
Seniors don’t take kindly to the clawback of their OAS (Old Age Security) especially in these inflationary times, but this can happen, especially if there was an unusual receipt of income during the past calendar year. Here’s what you need to know to explain the consequences for 2025 and 2026:Taxable and Non Taxable Auto Allowances and Benefits
Reasonable motor vehicle allowances are not taxable if it is reasonable.
Employers’ Treatment of GST/HST on Employees Taxable Benefits
Some employee taxable benefits are subject to GST/HST, while others are not.
New Legislation: The Economic Action Plan 2014 Act, No. 2
New legislation from the Department of Finance, The Economic Action Plan 2014 Act, No. 2, received Royal Assent on December 17.
Windfall Court Victory for Taxpayer Reveals Hidden Merits of Informal Procedure
Legge v. The Queen (2014) TCC 360
Improving Economic Potential: A Smart Financial Goal
Happy New Year! What’s your “economic potential” in 2015?
Our Readers Are Awesome
Sometimes a little clarification is in order.
