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:Employment Insurance Rates Reduced for 2020
On September 13, the Canada Employment Insurance Commission announced the maximum EI insurable earnings and the premium rate for 2020*. The new premium rate and maximum insurable earnings will affect the first payroll of 2020. Here’s how:
Elections & Taxes: How Much Will Be Left?
Financial advisors have a big role to play in helping their clients understand and explore the effect of the proposed tax and financial issues as part of their year-end tax planning activities. There have been tax cuts, but more alarming, the potential of really big tax hikes for today’s wealth holders. Are you and your clients up-to-speed on the effects on boomers in particular? Here’s what we know so far:
Family Business: A Major Player in Canada’s Economy
Family business is integral to Canada’s economy, according to a recent study by Family Enterprise Xchange*. As major contributors in the areas of employment, goods and services produced, growth and longevity, family enterprises are an important opportunity for industry professionals to educate themselves and strategize, as the biggest threats to the continuity of family enterprise are demographics, tax policy and a lack of trained advisors.
Cryptocurrency Changes: Tax and Investment Considerations
Blockchain technologies and tax rules related to cryptocurrency continue to evolve. What do tax and financial advisors need to know about how these changes impact assets and investments, today, tomorrow and in the years to come? The newest speaker added to the DAC 2019 lineup Hussein Hallak, CEO & Founder of Next Decentrum will provide a primer with his speech on Reshaping Your World: Blockchain, Cryptocurrency and Cybersecurity.
What Does the Future Hold for Public Accounting?
In today’s era of innovation and industry disruption, CPAs have become wise to the fact that their future careers will look a lot different than how they do today.
Federal Election Campaign Round-Up
If you are a Canadian investor, business owner, or average taxpayer concerned about the overall affordability of living in Canada heading into the federal election on October 21, you will want to take a close look at the tax and economic proposals included in the major party’s campaigns. We’ve done a comparison and there are some eyebrow raisers!
