Canada News Centre

0

Nova Scotia 2018 Budget – March 20, 2018

The Nova Scotia government is removing the $10,000 limit on medical expenses eligible for the medical expense tax credit for other dependent relatives, making it consistent with the Federal tax credit. They are creating a new Innovation Equity Tax Credit starting in 2019. The budget…

0

Life in the Tax Lane June 2018

June video topics: Employer provided social events may result in taxable benefits to employees; Return of capital from funds purchased with borrowed money; CRA checking class 10 vehicle additions; Taxation of CPP death benefit / automatic upload to tax returns; Gifting receipts re golf tournaments;…

0

Life in the Tax Lane November 2019

This month: Mobile Home/RV Park/Campground – not always Specified Investment Business; Shareholder-employees – employment expenses; Payroll audits; Online only charity registration; TOSI and meaning of excluded business re large dividends; IRS new relief procedures for Expats. Click below to read more: Life in…

0

Federal Budget-Related Resources

The links to these resources have been moved to the top of the page for easier access. They include draft legislation, bills, Hansard (frustrating to read), GC Infobase (LOTS of data), and PBO independent financial analysis. Click below to read more: Federal Budget-Related…