Tax News

CRA offers minor relief on reportable transactions

CRA offers minor relief on reportable transactions

The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20

By Michael McKiernan |September 11, 2023

2 min read

New alternative minimum tax regime to raise $2.6B: PBO

New alternative minimum tax regime to raise $2.6B: PBO

Canadians making above $300,000 to contribute 98% of total AMT

By Rudy Mezzetta |September 8, 2023

3 min read

IRS plans crackdown on 1,600 millionaires to collect back taxes

IRS plans crackdown on 1,600 millionaires to collect back taxes

Artificial intelligence is playing a big role in identifying wealthy tax dodgers

By Fatima Hussein, The Associated Press |September 8, 2023

2 min read

Decorative pattern

Help clients address an underfunded pension

Don’t let outdated pension rules threaten your client’s retirement plans

By Lea Koiv and William C. Kennedy |September 7, 2023

5 min read

Review finds at least 120 CRA employees claimed Covid benefits while employed

Review finds at least 120 CRA employees claimed Covid benefits while employed

The CRA said in July that it had let 20 employees go as a result of its CERB investigation

By The Canadian Press |September 1, 2023

1 min read

Ongoing cost of living crisis should trigger another housing benefit payment: Singh

Economic Indicators

Ongoing cost of living crisis should trigger another housing benefit payment: Singh

The first $500 top-up was rolled out just before Christmas and distributed $402 million

By Mia Rabson, The Canadian Press |September 1, 2023

4 min read

Why high earners and business owners may not have fully funded pensions

Why high earners and business owners may not have fully funded pensions

Current regulations are outdated and artificially cap contributions

By Lea Koiv and William C. Kennedy |August 25, 2023

5 min read

CRA releases death-related FHSA forms

CRA releases death-related FHSA forms

The agency will also be releasing a consolidated T4 slip for FHSA account holders

By Melissa Shin |August 10, 2023

3 min read

Feds release draft legislation on alternative minimum tax, intergenerational business transfers

Feds release draft legislation on alternative minimum tax, intergenerational business transfers

Proposals from the 2023 budget are out for consultation until Sept. 8

By Staff |August 4, 2023

1 min read

Advisors should help business owners prepare for new corporate ownership registry

Advisors should help business owners prepare for new corporate ownership registry

Bill C-42 would bring public access to private corporations’ beneficial ownership info

By Michael McKiernan |August 2, 2023

4 min read

← Previous 1 … 16 17 18 19 20 … 220 Next →