June 30 Tax Deadline is Looming for Non-Residents

An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:

Use the Tax-Efficient Retirement Income Calculator to determine the optimum combination of income sources to maximize the income you keep after tax. Try a free trial today!

Undertaking the role of Power of Attorney for a loved one can be overwhelming, especially if you don't know where to start. If you have agreed to be a Power of Attorney, prepare yourself early by learning the 8 steps you need to know. Join us for Attorney School in Toronto April 26 or Regina May 24 for only $99.

Thinking of challenging the CRA in court? Legal costs could be one important factor to consider.

The Tax Court of Canada (TCC) recently considered an appeal by a contractor in his 2008 and 2009 taxation years who disagreed that his motor vehicle expenses should be disallowed.

A comprehensive review of Canada's deposit insurance framework was announced in the February 11, 2014 budget.

According to the February 11, 2014 federal budget, approximately 7,600 Canadian Armed Forces personnel leave the Canadian Armed Forces every year.