CRA Data Breeches Put Taxpayer Information at Risk
An important deadline is coming up, around the same time that Canadians get ready to file their 2026 tax returns at the start of tax season 2027. Since 2020, more than 42,000 data breaches have occurred at the CRA. A class action lawsuit was launched in 2020 and a $8.76 million settlement was reached. Eligible Canadians affected by these security incidents can now submit claims through the KPMG Claims Portal until February 3, 2027.Future: Advisor-Client Privilege Extends to Tax Advice?
From the late eighteenth century to the present day, solicitor-client privilege has been a topic fraught with varying levels of uncertainty, justification, and support.
Seniors Have Option to Defer OAS Pensions for Up to Five Years
Seniors have the option to defer starting their OAS pensions for up to five years (i.e. starting at age 70 rather than 65).
Understanding Synthetic Dispositions – Indebtedness in Exchanges of Property
We continue our Synthetic Dispositions series this week with a look at indebtedness in exchanges of property.
Surrey Man Jailed for Tax Fraud
How would you help the victims of this tax crime?
Grow Wealth Using Eight Important Steps
Allowing too much erosion up front (before investing and along the way reduces the opportunity to accumulate, grow, preserve, and transition wealth and cripples the power of compounding.
DAC 2013: Dr. Jack Mintz – Uncertainty, Taxes & Inflation:The Potential for Significant Reforms
If uncertainty is king in 2013, how do tax and financial advisors collaborate to help clients understand the effect of today’s investment decisions?
