News Room

Late Filing Penalties: Talk About It!

While most T1 returns are in the hands of the Canada Revenue Agency (CRA) by April 30, we know many are not. In fact, millions of returns were still outstanding as of mid-May. Late-filing clients they need to know about the consequences, especially if they owe. Here’s a rundown to be aware of:

June Distinguished Advisor Workshop - Transition Planning: Trusts and Estates

Substantial tax reform has recently changed the rules for post-death planning for high net worth families.  

Knowledge Bureau Designate Highlight: Collette Maurice

New Liskeard, Ontario’s Collette Maurice recently completed the T1 Professional Tax Preparation – Basic course to obtain a better understanding on completing basic tax returns.

TFSA – (Perhaps Not) A Ticking Time Bomb? - Part 1

Controversy has erupted in the news this week over the potential lost government revenues 50 years from now, due to the prospect of doubling of Tax Free Savings Account (TFSA) limits in the future. 

Scorned Wife Wins Over Girlfriend

Never under-estimate the blinding power of new love or the obligations to a scorned ex-wife. . .even after death. 

Overpayment and recovering of EI premiums and CPP contributions

What does an employer do if over deductions are discovered?

Thanks to January DAW Vancouver and Toronto sponsor Farber

When working with your clients, remember that you are their trusted advisors and know more about their financial affairs than their family and friends.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    17 votes
    17.53%
  • No
    80 votes
    82.47%