August 2025 Poll
A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway. Do you agree?Year End Planning: The Election Has Changed Everything
Year end tax planning will need to be rethought in light of the dramatic change of government in Canada. The most significant questions surround the implications for both winners and losers.
After the Election: Accounting for Business Growth and Transitions
The role of accounting can go well beyond just tracking the numbers; providing advice to clients who are business owners will support their decision making and help them to generate real value. That’s why advanced planning for growth and transition is the focus of a new certificate course published by Knowledge Bureau this month.
Tax Accountants Rejoice! T2 Micro Business Course Fully Updated
Do you know how to prepare a T2 corporate return for your small business clients? Has it always been your professional development dream to get the credentials to do so?
Power of Attorney: Liabilities Binding Despite Dysfunctional Marriage
Taxpayers should receive legal advice prior to giving a power of attorney to anyone, including their spouse. Unintended tax consequences will not be forgiven by the CRA.
Pain Relief for Child Care Costs
Whether you are a student or working and paying for child care, those expenditures may be deductible and the maximum amount you can claim has increased this year. It’s a lucrative year end tip advisors will want to prime their clients about, to maximize child care expense claims on the 2015 tax return.
Adopting Refugee Children: Adoption Expenses Qualify as Tax Credit
It has been truly heartbreaking to watch the humanitarian crisis unfold in Europe, as millions of displaced refugee families risk their lives seeking safe havens. Canadians can help with charitable donations, but also by adopting orphaned children.
