Calgary widow forced to pay $270K to CRA over beneficiary oversight Donna Phillips’ patience is wearing thin as she fights to have $270,000 in tax losses […]
TAX TICKLERS… some quick points to consider… The amount of income an individual can earn without paying tax (basic personal amount) will begin increasing in […]
Written by: Sean Cooper When you look at your household budget, the amounts you’re spending on mortgage/rent, transportation and food are usually top of mind. While all […]
If you’re one of the many Canadians who are approaching retirement, you have probably heard of the Old Age Security (OAS) program. While the Canada Pension Plan […]
Jamie Golombek: For one, there’s an increase to the basic personal amount Canadians can earn before facing federal income tax This week, the government announced increases […]
December 31, 2019 is fast approaching… see below for a list of tax planning considerations. Please contact us for further details or to discuss whether these […]
‘They told me it was untaxable in 1965’ no excuse for failing to declare income, judge finds Jamie Golombek: You can rack up significant penalties and […]
TAXABLE BENEFIT: Parking Pass In a June 10, 2019 Federal Court of Appeal case, the Court upheld the previous Tax Court decision which classified an employer-provided […]
Should you donate personally or through your corporation? In Alberta, there is an added incentive to make donations personally, as each dollar of donations (in excess […]