income tax – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 14 Mar 2024 16:01:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png income tax – Investment Executive https://www.investmentexecutive.com 32 32 Tax changes for the 2023 filing season https://www.investmentexecutive.com/news/industry-news/tax-changes-for-the-2023-filing-season/ Thu, 14 Mar 2024 16:01:50 +0000 https://www.investmentexecutive.com/?p=482087 Here's a handy roundup, from home office expenses to house flipping

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]]> As RRSP deadline approaches, a reminder about tax-free growth https://www.investmentexecutive.com/inside-track_/jamie-golombek/as-rrsp-deadline-approaches-a-reminder-about-tax-free-growth/ Wed, 21 Feb 2024 20:00:09 +0000 https://www.investmentexecutive.com/?p=480790 A hypothetical scenario compares dividend investing inside and outside this registered account

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]]> Denying tax deductions for illegal short-term rentals could raise $170M: PBO https://www.investmentexecutive.com/news/industry-news/denying-tax-deductions-for-illegal-short-term-rentals-could-raise-170m-pbo/ Tue, 13 Feb 2024 16:23:11 +0000 https://www.investmentexecutive.com/?p=480419 One in 10 Airbnbs in Montreal, Toronto and Vancouver are unlicensed, report found

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]]> How to handle cryptocurrency on tax returns https://www.investmentexecutive.com/newspaper_/news-newspaper/how-to-handle-cryptocurrency-on-tax-returns/ Mon, 12 Feb 2024 05:05:00 +0000 https://www.investmentexecutive.com/?p=479825 Tax experts suggest erring on the side of caution

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]]> How top tax rates have risen over the past decade https://www.investmentexecutive.com/newspaper_/comment-insight/how-top-tax-rates-have-risen-over-the-past-decade/ Mon, 12 Feb 2024 05:02:00 +0000 https://www.investmentexecutive.com/?p=479822 Eight provinces have top combined tax rates exceeding 50%

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]]> Employees working from home by choice can claim expenses, CRA says https://www.investmentexecutive.com/news/from-the-regulators/employees-working-from-home-by-choice-can-claim-expenses-cra-says/ Mon, 05 Feb 2024 17:45:02 +0000 https://www.investmentexecutive.com/?p=479840 Agency releases guidance on home office expenses for 2023

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]]> More employees will be asking companies for home office expense tax forms this year https://www.investmentexecutive.com/news/from-the-regulators/more-employees-will-be-asking-companies-for-home-office-expense-tax-forms-this-year/ Fri, 12 Jan 2024 22:07:31 +0000 https://www.investmentexecutive.com/?p=478603 The CRA is no longer offering the flat-rate method to claim employment expenses for 2023

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]]> Common pitfalls when bringing your U.S. retirement accounts to Canada https://www.investmentexecutive.com/newspaper_/building-your-business-newspaper/common-pitfalls-when-bringing-your-u-s-retirement-accounts-to-canada/ Mon, 13 Nov 2023 05:12:00 +0000 https://www.investmentexecutive.com/?p=474695 How to bring 401(k)s and IRAs north of the border

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]]> Top 1% of tax filers saw incomes rise by almost 10% in 2021: StatsCan https://www.investmentexecutive.com/news/research-and-markets/top-1-of-tax-filers-saw-incomes-rise-by-almost-10-in-2021-statscan/ Fri, 10 Nov 2023 19:10:57 +0000 https://www.investmentexecutive.com/?p=475069 Those in the bottom half of earners saw their average income decline

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]]> Year-end compensation planning https://www.investmentexecutive.com/inside-track_/jamie-golombek/year-end-compensation-planning/ Wed, 25 Oct 2023 19:00:29 +0000 https://www.investmentexecutive.com/?p=473984 Help your business-owner client seize the opportunity to defer tax

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