Tax Tips

Don’t let a vacation property dream become a tax nightmare

What to think about before clients buy in a foreign market

By Curtis Davis |January 18, 2018

5 min read

CRA offers online filing for simple trust returns

New this year for trust administrators and their reps: a simple T3 trust income tax and information return (T3RET) can be filed online using CRA’s internet file transfer service. A simple return means the trust’s taxable income, total taxes payable and refund or balance owing are $0, says CRA’s website. Online filing for simple trust […]

By Staff |January 11, 2018

1 min read

Year-end tips for tax-loss selling

How, when and why to ditch a loser

By Jamie Golombek |December 15, 2017

3 min read

CRA gets “C” for satisfactory: CFIB

Small businesses are clearly underwhelmed by CRA. The Canadian Federation of Independent Business (CFIB) gives the agency a C-grade in its latest report card. The grade hasn’t improved since the federation’s last report card in 2015. Read: CRA’s 2018 maximum pensionable earnings and other numbers “In recent years, the CRA has made efforts to improve […]

By Staff |December 7, 2017

2 min read