News Room

This Month’s Poll

Should the Old Age Security clawback start at a lower net income than the current $93,454?   

The law determines judges’ decisions

A recent Tax Court of Canada (TCC) decision shows that, despite personal feelings of sympathy, judges must follow the letter of the law.

Tax preparers and filing electronically

As of January 2013, tax preparers who receive payment to prepare more than 10 income tax returns in a year will be required to file those returns electronically.

Improving cross-border tax compliance

Canada and the United States are working toward improved cross-border tax compliance.

News from Tax Court: Crown appeals Guindon

The Crown has appealed a recent Tax Court of Canada (TCC) decision that ruled penalties were criminal in nature, not civil. If the ruling is upheld, advisors will come under increased scrutiny.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    4 votes
    14.81%
  • No
    23 votes
    85.19%