Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

DISTINGUISHED PRACTICES: Tips for Real Wealth Managers™. A July Tax Court of Canada decision clarified the importance of the location of a business for the purpose of tax exemption.

 As part of its Red Tape Reduction efforts, the Canada Revenue Agency (CRA) has created a dedicated team that is charged with cutting red tape for small businesses, thereby enhancing service.As part of its Red Tape Reduction efforts, the Canada Revenue Agency (CRA) has created a dedicated team that is charged with cutting red tape for small businesses, thereby enhancing service.

Are you disappointed and confused by all of the promises and claims made by the investment industry and the media? So is David Christianson. In Managing the Bull, he gives readers the tools to develop their Winner’s Mindset about money, and achieve financial freedom on their own terms. 

November Distinguished Advisor Workshop Year End Tax Planning Strategies: Investor, Owner/Manager Planning and Cross Border Taxation Knowledge Bureau knows that in an ever-evolving industry, it can be hard to keep up with the most current information. That's why we've done it for you - and you can update your knowledge all in one day!

MASTER Your Real Wealth: Start Today! How to Live Your Life in Financial Security Do you fear you will outlive your savings? Do you want better results from your investments? Then now's the time to Master Your Real Wealth! SAVE $10 if you buy before October 16, 2012!

The recent financial crisis has caused a crisis of another kind for financial advisors, a loss of trust and credibility by millions of clients who are now looking for more qualified people to manage their succession and estate planning decision.