This Month’s Poll
Should the Old Age Security clawback start at a lower net income than the current $93,454?Experience Your “True Wealth” Potential
Learn how to cultivate that distinctive quality you can use to create new opportunities to stride forward with confidence. Purchase your copy of Empower Your Presence today – a perfect graduation gift!
Expand Your Practice and Career with Cross Border Taxation and Planning Knowledge
Advise your clients on the tax impact of various events on both sides of the border. Enrol in Cross Border Taxation – try the first chapter for free!
Family Income Splitting Not a Benefit Just for the Wealthy
Should joint tax filing to enable full family income splitting be allowed? 70% of KBR readers say ‘yes.’
RTPP: Provide Feedback by May 31
The new Registration of Tax Preparers Program, proposed to launch during the 2016-2017 fiscal year, will keep track of errors associated with a particular registrant in an effort of improve compliance. CRA is seeking input on this change in its relationship with professionals.
Financial Literacy Leader Chosen
Jane Rooney has been selected as the Financial Literacy Leader of Canada. The Task Force on Financial Literacy provided 30 recommendations, including the appointment of a Financial Literacy Leader, to help Canadians become equipped with the knowledge and skills necessary to make responsible financial decisions.
The Burden of Proof
The Tax Court of Canada (TCC) recently decided that, although a relevant factor, prior convictions in criminal proceedings resulting from plea bargains are not determinative of the relevant facts and issues in a subsequent civil tax appeal.
