Browsing the "Personal tax" Category →

  Today’s article relates to question #5 on the 2013 Personal Income Tax Questionnaire sent to clients. DO YOU HAVE RENTAL PROPERTIES? If you earn income from renting property (real or movable) you will need to file...

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Canadian Taxation

FATCA – US tax entrapment

January 14, 2014 | 0 Comments

FATCA facts: What Canadians need to know about new U.S. tax law “In six months, a little known U.S. tax law goes into effect that will affect people around the world, including Canadians. “Not only...

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More benefits of paying off your mortgage before investing in RRSPs Saying paying off your mortgage before investing in RRSP’s is good advice is like saying getting a loan to buy a new vehicle is...

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Canadian Taxation

Make it look like an accident

January 10, 2014 | 0 Comments

I’m not a huge fan of Jamie Golombrek’s writing at the Financial Post and here’s an example as to why. What does it take to be jailed in Canada for a tax offence? “Under our tax system,...

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Today’s article relates to question #4 on the 2013 Personal Income Tax Questionnaire sent to clients. DO YOU HAVE A BUSINESS? This article is an attempt to give you an overview of certain aspects of reporting self-employment income.  ...

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Today’s article relates to question #3 on the 2013 Personal Income Tax Questionnaire sent to clients. DID YOU HAVE ANY NEW CHILDREN IN 2013? As the questionnaire is sent to existing clients, I already have details relating...

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Today’s article relates to question #2 on the 2013 Personal Income Tax Questionnaire sent to clients. DID YOUR MARITAL STATUS CHANGE DURING 2013? As an intro to this topic, Optimal tax theory is the study on how taxation...

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  Today’s article relates to question #1 on the 2013 Personal Income Tax Questionnaire sent to clients. DID YOU MOVE DURING 2013? Moving expense claims have the distinction of being one of the most reviewed by the...

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