The Supreme Court’s decision affirms solicitor-client privilege as “a principle of fundamental justice”
Quebec woman pled guilty to counselling 13 taxpayers to try to reduce or eliminate their income taxes by claiming improper expense reductions
The most important information is clearly displayed with the account summary on the first page of the tax assessment
Starting Jan. 1, the rate on all income earned beyond $200,000 will rise to 33%, from 29%
Tax cut for middle earners, higher rate for richest; TFSA increase cancelled
The shift to digital filing means your clients will be searching for software applications that meet their particular needs. There are plenty of packages out there, and you can help your clients make the right choice
Mistakes on income tax returns are common, as are objections to CRA assessments. You can help your clients prevent and fix errors and omissions in their returns - and advise clients about what to do when assessments go against them
With most regions still fighting deficits and facing murky economic forecasts, provincial governments have imposed only minor increases in taxes - or none at all
A new paper suggests that making all tax credits refundable could be of significant benefit to low-income households
A human error at the CRA means that the tax filing deadline for advisors and their clients will now be on May 5 as opposed to April 30