News Room

Mark Your Calendar: Critical Deadlines for May and June

Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:

Audit Defence: A Business Builder for Business Owners

The tax filing deadline for unincorporated business owners is June 16 and filing late will attract penalties and potential audits.

Voluntary Compliance Can Mitigate Risk

CRA wants to remind you that fessing up can be profitable.

National Steering Committee on Financial Literacy Call for Members

Are you interested in strengthening Canadians’ financial literacy?

Requirement vs. Choice: It’s the Crux in Claiming Commission Sales Expenses

In order to be eligible for a deduction for sales or travel expenses under subsections 8(1)(f) and (h) of the Income Tax Act, taxpayers must show that they worked on a commission-based income.

Evelyn Jacks: Ostriches Aren’t Smart; Tax Penalties Are Expensive

Well it's that time of the year again. . .tax audit season. The ostrich approach is one way to cope, but not the smartest. 

Q and A: Setting Up Business in the U.S.

The U.S. has a number of different business structures available when conducting your affairs in the U.S., whether your business is rental property or operating a viable small business.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    13 votes
    17.81%
  • No
    60 votes
    82.19%