Tax

Industry

Dispute an unfavourable tax assessment

Think CRA got something wrong in your latest tax assessment? Here’s how to dispute it.

By Christopher Mason |December 11, 2013

3 min read

Industry

Salary vs. dividends: What’s best?

Small business owners risk paying too much in income tax by making the wrong decision on whether to withdraw funds from their corporations as salary (bonus) or as dividends, says CIBC's tax and estate planning expert, Jamie Golombek.

By Staff |December 10, 2013

2 min read

Tax Strategies

Taxing cryptocurrency

CRA provides guidance on virtual money

By Doug Carroll |December 10, 2013

3 min read

Industry

8 great year-end tax tips

With December 31st fast approaching, here’s our updated, annual look at some year-end tax tips you may wish to keep in mind as we enter the final weeks of 2013.

December 9, 2013

17 min read

IIAC calls new T1135 impossible

The Investment Industry Association of Canada (IIAC) has sent CRA a comment letter on the new T1135 form, identifying issues of “immediate urgency” and suggesting some of the new requirements will be “impossible” to satisfy.

By Staff |December 6, 2013

1 min read

Tax loss selling: Using Canadian-listed ETFs to defer taxes on capital gains

This course is no longer eligible for CE credits. Go to cecorner.ca to find eligible courses. OBJECTIVE No one likes losing money on an investment, but claiming capital losses can reduce your tax bill and ease the pain. Tax loss selling is a technique for harvesting capital losses in non-registered accounts so they can be […]

17 min read

A smooth exit from character conversion funds

Carol Bezaire, vice-president of tax and estate planning at Mackenzie Investments, breaks it down. It’s clear why the government targeted these funds: their derivative structure means CRA gets less than if investors bought bonds directly.

4 min read

8 things to consider when tax-loss harvesting

With 2013 coming to a close, it’s a good time to see if you’ve done everything possible to minimize the tax bite for clients and maximize their net earnings. Part of that’s done with tax-loss harvesting. After ensuring the sale fits your client’s portfolio goals, check these eight things.

3 min read

Tax

Dispute an unfavourable tax assessment

Salary vs. dividends: What’s best?

Taxing cryptocurrency

8 great year-end tax tips

IIAC calls new T1135 impossible

Tax loss selling: Using Canadian-listed ETFs to defer taxes on capital gains

What are the strangest tax deductions?

A smooth exit from character conversion funds

8 things to consider when tax-loss harvesting

Mint chair helped run alleged tax scheme