Tax News

TAX TICKLERS …..…………………….. 1 PRINCIPAL RESIDENCE EXEMPTION…………………………… 1 EMPLOYMENT EXPENSES ..……… 2 MEAL REIMBURSEMENTS ……….. 2 TAXPAYER RELIEF …………….….. 3 PAYROLL ADVANCES ……..………. 3 OBJECTIONS ……………………..…. 3 CRA STRATEGIES ON OFFSHORE TAX EVASION ……………………….. 4 TAX TICKLERS…some quick points to consider… A review of the Income Tax Act is to be completed by June 30, 2017. The […]

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Marriage comes with tons of great benefits, including some nifty tax breaks. And while a romantic getaway for two sounds far more appealing than a visit to your accountant, the latter could save the both of you some serious cash down the road. So, if you are married or common law partners, here are some […]

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Now that the New Year is here, many people are picking their resolutions. Getting healthier, losing weight, quitting smoking—these are all great ideas for sure. But now that 2016 is in the books, this is also the time of year folks are starting to plan for the upcoming tax season. If you are hoping to […]

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Tax Tips Traps Year End PDF Version Personal Considerations For EVERYONE 1) Certain expenditures made by individuals by December 31, 2016 will be eligible for 2016 tax deductions or credits including: moving expenses, child care expenses, charitable donations, political contributions, medical expenses, alimony, eligible employment expenses, union, professional, or like dues, carrying charges and interest […]

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