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:

Limited spots are still available for the Personal Tax Bootcamp, starting in Winnipeg tomorrow. Earn up to 30 CE/CPD credits by attending the workshop and completing the Intermediate Tax Preparation post-session course. Call 1-866-953-4769 now to register.

The Canada Revenue Agency (CRA) may be stymied by the billions in unreported income flourishing in the underground economy, yet over 3000 full time staff members will soon be cut, according to information obtained by Postmedia News under access to information legislation.

In a recent decision of the Tax Court of Canada (TCC), the honourable Justice Hogan had to decide if a promise to purchase land, as well as the related deposit, constituted a single supply or multiple supplies for GST/HST purposes within the meaning of the Excise Tax Act (the ETA).

Happy New Year!  If you want to get a “jump start” on your financial fitness this year, get busy and use the current cold snap to sort tax receipts and speed up your tax refund.

Kathy Lloyd earned her MFA-Succession and Estate Planning designation with Knowledge Bureau in 2012 with honours. We are pleased to have Kathy as one of our distinguished grads.

Self-employed persons are ineligible for regular EI benefits due to lay-offs or business slow-downs. But they can now elect to receive EI benefits for the following benefits...