By Liz O'Dowd on January 14, 2015 
Leave a comment
TD1 forms for Employees and Pensioners The TD1 forms for 2015 are now available from Canada Revenue Agency. If there have been changes which will affect your tax exemptions you should ensure that you complete these forms so that your… {Read more}
By Liz O'Dowd on January 14, 2015 Leave a comment
“Soft” Loans for Your Children Parents quite often make loans to their adult children to help them purchase a car, a home, or for other reasons. A loan is different from a gift. The parent can charge interest so that… {Read more}
By Liz O'Dowd on January 14, 2015 Leave a comment
Wills and the Executor A will specifies your instructions as to how your assets will be distributed on your death. In the will, you name an executor to act as your personal representative and to deal with all the tax, investment, administrative,… {Read more}
By Liz O'Dowd on December 11, 2014 Leave a comment
Harper Government supports Canadian entrepreneurs Minister of National Revenue highlights CRA efforts to support tax literacy during Startup Canada Day on the Hill November 26, 2014 Ottawa, Ontario Canada Revenue Agency The Honourable Kerry-Lynne D. Findlay, P.C., Q.C.,… {Read more}
By Liz O'Dowd on November 12, 2014 Leave a comment
Teaching taxes to students is as easy as 1, 2, 3 Did you know? The Canada Revenue Agency (CRA) has free tax and financial literacy learning resources to help educators teach their students about taxes. Teaching Taxes and Responsible Citizenship… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Harper Government Creating Jobs and Growth While Returning to Balanced Budgets With Economic Action Plan 2014 Act, No. 2 October 23, 2014 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today introduced the Economic Action Plan 2014… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
The Department of Finance reports a budgetary deficit of $0.3 billion in August 2014; the Government remains on track to balance the budget in 2015 October 31, 2014 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today… {Read more}
By Liz O'Dowd on October 30, 2014 Leave a comment
“Soft” Loans for Your Children Parents quite often make loans to their adult children to help them purchase a car, a home, or for other reasons. A loan is different from a gift. The parent can charge interest so that… {Read more}
By Peter Kupovics on October 28, 2014 Leave a comment
Tips taxable income The Canada Revenue Agency (CRA) is reminding Canadians who earn tips and gratuities that they represent taxable income and must be reported on annual income tax and benefit returns. Restaurant servers, hairdressers, valets, taxi drivers, and others… {Read more}
By Liz O'Dowd on October 28, 2014 Leave a comment
Minister Findlay launches 2014 red tape reduction consultations with small and medium-sized businesses October 9, 2014 – Ottawa, Ontario – Canada Revenue Agency Press Release The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, was in Ottawa… {Read more}