Wildfires: Apply for Taxpayer Relief Provisions
It may not be the first concern, but Canadians affected by wildfires may worry at some point about the tax consequences of lost records or missed filing deadlines – the next one on June 16 for those filing T1 returns with proprietorship income. Fortunately, the CRA offers Taxpayer Relief Provisions when there are circumstances beyond a taxpayer’s control, including natural disasters, serious illness or death in the family, or errors made by the CRA, which may trigger penalties and interest due to late or incomplete tax filings. Here’s what you need to know.Estate Planning: Wills Variation – Is It Right to Change a Will?
You live your entire life working and accumulating wealth, and are able to do whatever you like with it during your lifetime – spend, invest it, grow it, preserve it or give it away.
FIRPTA and Capital Gains on the Sale of U.S. Real Estate
More and more Canadians are purchasing U.S. real estate for personal and/or rental use so this is a very important topic to understand before the purchase is made.
What is the Maximum Claim for the Disability Amount?
The maximum federal claim for 2014 is $7,766 per adult dependant.
Tax Expert Cheryl Norton Strategizes With the $800,000 Capital Gains Deduction at DAC
Cheryl Norton brings her expertise on tax-efficient business exits to the 2014 Distinguished Advisor Conference as part of Tax Planning for the BIG Exit: Thinking Big With the $800,000 Capital Gains Deduction.
Bull or No Bull: Can You Tell?
In Managing the Bull, sophisticated (and common sense) insider financial strategies and processes are made easy to understand in a compelling and fun approach.
Become More Astute In Payroll Compliance
Can you manage the entire payroll cycle? Can you increase the after-tax results for employees? Find out how with the newly updated Advanced Payroll course.
