The CRA is coming after the underground economy
It is not a surprise that there are a lot of businesses who are not reporting their fair share of income taxes. These businesses operate...
Canadian and US Estate taxes
If you are a Canadian who own US "Situs" property (US Property) at the time of your death you may be subject to US estate taxes. Common...
Universal Child Care Benefits - What you may not know about the $60 increase
For those of us who have young children Monday was a great day – or so I thought. The Universal Child Care Benefit (UCCB) was increased...
A Key Summary of the 2015 Budget
As you know, Finance Minister Joe Oliver delivered his Federal budget on April 21 in Ottawa. While you’ve probably seen plenty of media...
Taxation of Non Residents who Sell Canadian Real Estate
If you are a realtor working with a client who is a non resident of Canada, the following are some key steps to be aware when selling...
RRSPs - You can win twice but you must be careful not to lose twice
Many Canadians are familiar with the idea of investing inside an RRSP. When you make money inside of an RRSP you actually win “twice”...
Ontario Releases New Estate Information Return
The following is a summary provided by Standard Life who has been on top of critical changes impacting those who will be acting as...
Pre-Holiday Tax Tips 2014
Every year I publish pre-holiday tax planning strategies to educate you on ways to avoid paying more than your fair share of income taxes....
Key Facts Regarding the Canada Pension Plan
CPP reform is a common topic these days and rightly so as many Canadians do not have enough personal savings to have a comfortable...
Use the Disability Tax Credit to get back money from prior Years
In the past few months several of my clients have succesfully applied for and approved for the Disability Tax Credit. The Disability Tax...