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: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.
Twenty & Thirty-Somethings: Is Failure to Launch About Confidence?
Toronto, Ontario. Why are highly educated young people unable to land great jobs and move out of the basement? Is it about youth and inexperience or is it about standing out in a lacklustre economy? Catherine Bell thinks it’s about “Presence.”
Shake Out the Cobwebs Before Tax Season
Sharpen and refresh your knowledge in time for the upcoming busy 2014 tax season with the Personal Tax Bootcamp. Enrol by November 30 for best tuition prices.
