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.Pots of Lottery Gold Taxable for Some!
Tax tip of the week
TFSA – (Perhaps Not) A Ticking Time Bomb? - Part 2
Last week, we looked at the TFSA helping those who pay taxes on investment income. This week in part 2, we will look at savings opportunities for the middle class.
Where Is My Refund and Who Does CRA Share it With? Part 2
Taxpayers and their advisors may consider this question more frequently as CRA pushes for more electronic communications, such as the provision of email addresses on this year’s tax return.
What Most People Don’t Know About Principal Residences (But Should) – Part 1
This week I had a discussion with a client about what would happen when either he or his wife passed away.
The “Cost of Borrowing” via Non-Compliance
The one thing about an electronic age – computers do exactly what they’re told to do – right or wrong!
Trust Funds Belongs to Bankrupts’ Creditors
The Supreme Court of British Columbia recently ruled that a bankrupt’s contingent entitlement to trust funds was property that vested with the trustee in bankruptcy as part of the bankrupts' estate.
