Tax

Help biz owners with new tax rules

This year’s federal budget proposed changes aimed at bolstering business-owner tax compliance by eliminating a perceived loophole in GST/HST legislation.

By Wilmot George |March 5, 2014

3 min read

Tax News

New T1135: Questions and answers

CRA answers FAQ to help you and your clients digest the new requirements and understand the relief the revised form provides.

By Staff |March 3, 2014

1 min read

Industry

Couple who found gold coins to face high taxes

In the U.S., there’s one major drawback to discovering gold in your backyard.

By Staff |February 28, 2014

1 min read

Industry

What do Olympic winners owe CRA?

Awards are taxable because because CRA doesn’t deem them “prescribed prizes.” If they were, they'd be tax-free.

By Suzanne Sharma |February 28, 2014

2 min read

U.S. probe into Swiss accounts reads like spy thriller

The Swiss bank account. Usually a staple of international spy thrillers, it’s now getting top billing in a venue that’s more often known for dreadfully boring motions on matters of administration: a subcommittee of the United States Senate.

By Staff |February 28, 2014

2 min read