The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.
Taxpayers can take comfort that the “implied undertaking rule” still protects them when dealing with the CRA in pre-trial discovery, thanks to recent jurisprudence.
Tax literacy is important. Why? Because the tax return is the most important financial document of the year for most Canadians and many changes have recently made it more probable that they will do their returns incorrectly the first time.
Rick Tomalty achieved his MFA-Succession and Estate Planning Specialist designation in 2012, and since then he has attended Knowledge Bureau's annual Distinguished Advisor Conference. We are pleased to have Rick as one of our distinguished grads.
We have learned that Canadians are wealthier today in large part because of the equity in their homes. Will that be enough to supplement retirement needs after downsizing to a small place? Let’s put some numbers to it to find out.
Do you know someone who has an incredible “presence”? There’s something about them that is intriguing and difficult to articulate, but we know that they possess the power to captivate.