AUTHREP Changed July 15
Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.Discovery of Documents in the Tax Court of Canada
Discovery: the process of requesting and receiving relevant documents from the other side is one of the most important stages of any litigation. When the other party is the Minister of National Revenue (the Minister) the discovery stage can seem like a David vs. Goliath type struggle.
Evelyn Jacks: Wealth Planning: Canada a Sweet Spot for a Higher Bell Curve
Lots of great material has been released lately about global and Canadian wealth trends. Three works come to mind as must-reads...
Business Owner Reduces Taxes with Income Splitting
Steve currently makes $84,000 in his small unincorporated business in BC; he wants to pay his new wife Carin half this amount, as they work together in the business. How much will the family save on taxes if they split income?
What is the Maximum Claim for Adoption Expenses?
Either parent may claim the costs of adopting a child or they may split the costs as long as no more than the actual amount spent is claimed.
Gambling in the U.S.? Know Your Tax Obligations
Many people have the misconception that gambling winnings are only taxable in the U.S. if you are a U.S citizen or resident, and that is simply not true.
A Master Financial Advisor Builds More Wealth
Become a valuable resource to your clients as they develop succession plans for their businesses. Earn your MFA-Succession and Estate Planning Specialist™ Designation. Enrol by June 15 and attend DAW as our guest.
