Tax

Will Canadian residents owe more to IRS? Fallback Image Decorative pattern

Estate Planning

Will Canadian residents owe more to IRS?

U.S. taxes are set to go up next year—and may become even higher than ours.

By Staff |August 17, 2012

2 min read

Business owner evades tax; fined $170,000 Fallback Image Decorative pattern

Tax News

Business owner evades tax; fined $170,000

An Ontario business owner has been convicted of tax evasion.

By Staff |August 16, 2012

1 min read

CRA offers relief to disaster victims Fallback Image Decorative pattern

Industry

CRA offers relief to disaster victims

Canadians affected by devastating weather events—such as forest fires, tornadoes, floods, landslides and hurricanes—have only one thing on their minds: rebuilding their lives. For this reason, the CRA reminds taxpayers (and their advisors) that they can apply for relief if unable to make payments. “Weather events can prevent Canadians from meeting their tax obligations,” she […]

By Staff |July 30, 2012

1 min read

Wealthy hide $21 trillion in offshore accounts Fallback Image Decorative pattern

Tax News

Wealthy hide $21 trillion in offshore accounts

The world’s wealthy have shielded at least $21 trillion from taxes in more than 80 offshore jurisdictions, says the Tax Justice Network.

By Suzanne Sharma |July 24, 2012

1 min read