No More Sworn Testimony, But Audits Are Still Stress Inducing
“That” Phrase: it’s one no taxpayer wants to hear – digitally or otherwise. “You’re being audited.” If you’ve had to deliver that news you’ll know that the reaction can range from indignity to shock to panic. Based on the latest piece of legislation before Parliament, you might have to tell more of your clients to buckle up, it’s going to be a bumpy ride. CRA will now have greater powers. Consider this:Government of Canada Sells General Motor Shares
On September 13, the Minister of Finance, Jim Flaherty, confirmed reports that the Canada GEN Investment Corporation, a wholly-owned subsidiary of the Canada Development Investment Corporation, sold 30 million common stock General Motors (GM) shares to BofA Merill Lynch and RBC Capital Markets in an unregistered block trade.
Students Pay More for Education
Canadian full-time students in undergraduate programs paid 3.3% more on average in tuition fees for the 2013/2014 academic year this fall than they did a year earlier.
Evelyn Jacks: Invest in Careers that Count
It’s expensive to get an education, so investing in careers that “count” both financially and for your lifestyle in the future is important.
Tax Court: Graduate Student Can be an Employee Under the EI Act
The Tax Court of Canada (TCC) recently considered whether a graduate student performing research at the University of British Columbia was an employee for the purposes of subsection 5(1) of the Employment Insurance Act.
How Do I Find the Right Tax Advisor?
Finding a tax advisor to take your family into a tax-efficient future is important.
When Do You Have a “Deemed Disposition” for Tax Purposes?
Under certain circumstances, taxation rules state that a transfer of property has occurred, even without a purchase or sale.
