Trade Wars: Why Income Tax Filings Matter More Now

It’s hard not to get caught up in the trade wars saga, and of course it has serious economic repercussions. In times like these, our tax system can help. The federal government has indicated three pillars of support will be enacted, details of which are to come shortly:

Details for a new Ontario Retirement Pension Plan (ORPP) were included in the May 1 Ontario budget and have become an election issue there. Some disagree that the plan is necessary; others are concerned about the immediate economic costs.

Doug Nelson is author of the newly released Master Your Retirement and discusses the "laws" of retirement planning.

When a non-resident, non-U.S. citizen individual goes to the U.S. to work and live temporarily, after their term is almost up and they are contemplating staying in the U.S., many wonder if they should be applying for a U.S. green card rather than renewing their temporary work visa; however, most of the time they don't realize what it means to apply for and obtain a U.S. green card.

Your marginal tax rate is linked to your tax bracket and analyzes how much you’ll pay on the next dollar you earn from various income sources. This is an important concept too—not all income sources are taxed alike.

Join us at the one-day Audit Defence Bootcamp to not only better understand your obligations to CRA and regulators, but how to excel as an educator and advocate for clients undergoing life changes such as dealing with incapacity, estate freezes, or family trusts. Register before May 15 to guarantee your seat at this popular event.

Now is the perfect time to look ahead and plan the training needs for you and your team for next tax season. The DFA-Tax Services Specialist™ Designation is a well-rounded program for those who wish to specialize in T1 tax preparation and planning. Enrol by June 15 and attend DAW as our guest.