August 2025 Poll
A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway. Do you agree?CRA: Changed SR&ED Claim Form Requires Fee Disclosure
On October 31, the Canada Revenue Agency (CRA) announced changes to the Scientific Research and Experimental Development (SR&ED) claim form, which incorporates changes announced in the 2012 and 2013 budgets.
Evelyn Jacks: Take Only What is Necessary – Lessons from Ancient Tax Law
With all the political shenanigans of late (both federal and local), the respect – or lack thereof – of the taxpayers’ dollars emerges on front page news daily. If this is particularly irksome to you, you might be interested in a little history of taxation in Canada.
Civil & Criminal Tax Law: Keep Admissibility of Evidence in Mind
Those involved in criminal tax evasion cases are advised to bear civil tax consequences in mind when negotiating plea bargains and making admissions because the Tax Court of Canada (TCC) may admit evidence that may be otherwise inadmissible, if unchallenged in prior criminal proceedings.
Claim the Costs of Adopting a Child
If you adopt a child, you may claim a credit for the adoption expenses in the year that the adoption becomes final. This amount may be claimed by either spouse.
Make Claims for Children’s Programs in Year Paid
Claims for the Children’s Arts and Children’s Fitness tax credits are based on when the payment is made, not the year in which the activities are scheduled.
Stump Jacks on Tax
Join Evelyn Jacks on Friday, November 29 for a live online chat with MoneySense. It's your chance to ask Jacks your burning tax questions and have her respond right away. We challenge you to stump her...don't bet on it! Register for free at moneysense.ca/taxchat.
