Newsletters

2017

Budget 2017
Highlights of March 22, 2017 Federal Budget

2017 Quarter 1 – Issue 117
Principal Residence Exemption :: Employment Expenses :: Meal Reimbursements :: Taxpayer Relief :: Payroll Advances :: Objections :: CRA Strategies on Offshore Tax Evasion

2017 Quarter 2 – Issue 118
Employment Insurance :: Sharing Economy :: Uber Drivers :: Personal Use Asset in a Corporation :: Donation of Publicly Traded Securities :: Investment Management Fees for RRSP’s, RRIF’s, and TFSA’s :: Website History :: Charities and For-Profits Working Together :: Leave of Absence

2017 Quarter 3 – Issue 119
Tax for Private Corporations :: Employee Discounts on Merchandise :: Death Benefits :: Retirement Income Calculator :: Return of a Gifted Property :: Voluntary Disclosure Program :: Withholdings on Remuneration to Non-Resident :: Professionals’ Work in Progress Exclusion :: Electronic T4 Slips

2017 Quarter 4 – Issue 120
Business Loss or Personal Venture :: Guaranteed Income Supplement :: Charity Filing and Compliance Obligations :: Dying Without A Will :: Operating a Business in the U.S. :: Non-compliant GST/HST Registrant :: Support of Refugees :  Underground Economy

2016

Budget 2016
Highlights of March 22, 2016 Federal Budget

2016 Quarter 1 – Issue 113
New Federal Liberal Government :: Home Tax Accessibility Tax Credit :: Caregivers From Overseas :: Statute-Barred Assessments :: Keeping Contact Info Current ::  CRA Project (small business deduction) ::  CRA Selection For Audit (why me?) ::  Filing Slips with CRA ::  Canadahelps.org

2016 Quarter 2 – Issue 114
Tips & Gratuities :: Working But Not Paying Yourself :: CRA Scammers :: Multiplication of the Small Business Deduction :: Combined Audits of Owner-Managed Companies :: Credit Card Comparison :: CRA Online Services :: Insurable Earnings

2016 Quarter 3 – Issue 115
Canada Child Benefit :: Selling Your Business :: CRA Instalment Notices :: Looming Life Insurance Changes :: Losing the Small Business Deduction :: Director Liability

2016 Quarter 4 – Issue 116
Canadian Industry Statistics :: Benefit Paid to Shareholder Employees :: Mutual Funds :: Transferring Property to a Family Member :: Teachers :: Charities :: Registered Education Savings Plan (RESP) :: Documents Required to Claim a US Foreign Tax Credit

2016 Quarter 4 – Issue 116 Special
Year-end Tax Planning Guide

2016 Christmas Newsletter
Merry Christmas from our family to yours!

2015

2015 Quarter 1 – Issue 109
Family Tax Cut :: Canada Job Grant :: Disability Tax Credit :: Employment Expenses :: Government Collection Policies :: GST/HST and Taxable Benefits :: Gifting Tax Shelter :: Resources for Americans Abroad :: Federal Not-for-profit Corporations Act :: Distributing Estate Property

Children’s Hospital Jeans Day 2015

Federal Budget Commentary 2015

2015 Quarter 2 – Issue 110
Owner-Managed Business Transitions :: Loans for Value :: Day Trading in an RRSP, RRIF or TFSA :: Family Tax Cut :: Foreign Reporting :: US Persons in Canada :: GST Collected in Error on Naturopathic Services :: Direct Deposit :: Tax Scams :: Get Cybersafe

2015 Quarter 3 – Issue 111
Employee Benefits :: Farms – Sales of Land and Related Rights :: Leasehold Improvements on Building Owned by Shareholder :: Donating Items Rather Than Cash :: Executors for Americans :: Benefits Finder – Service Canada

2015 Quarter 4 – Issue 112
CRA Using Social Media :: Gift Cards for Promotional Purposes :: Books and Records :: Blogger’s Business Losses :: TFSA Contribution Room :: CRA Collections :: Change to the Fiscal Period :: Providing Info to CRA :: Insurable Employment :: Canada US Border Information Exchange

2015 Quarter 4 – Issue 112 Special
Year-end Tax Planning Guide

2015 Christmas Newsletter
Merry Christmas from our family to yours!

2014

2014 Quarter 1 – Issue 105
Medical Expenses – Travel Costs :: Medical Expenses – Renovations :: Marital Status :: Divorce – Property Transfer :: Fitness Club Dues :: Insurance Policy Transfers

2014 Quarter 2 – Issue 106
Internet Business Activities :: Reporting GST for Small Businesses :: Salaries or Dividends for Owners :: Non-Profit Organizations :: Crowdfunding :: Scholarships & Training :: Separation – Getting the Dependant Tax Credit

2014 Quarter 3 – Issue 107
Checklist for Small Businesses :: Donating By Will :: US Amnesty Programs :: Director Liability :: Moving Expenses :: Price Adjustment Clause :: Travel Expenses :: Gambling Winnings :: SIN Verification Tool :: T1135 Foreign Property :: Internet Business Activities

2014 Quarter 4 – Issue 108
Small Business Job Credit :: Liaison Office Initiative :: Principal Residence :: Tax Payments :: Collections at the CRA :: Estate Planning :: Registered Charities :: Lump-Sum Support Payment :: Transfer of Assets to a Corporation :: Renouncing US Citizenship

2014 Quarter 4 – Issue 108 Special
Year-end Tax Planning Guide

2014 T1 Checklist
T1 preparation checklist. Find out what information you will need to prepare your 2014 personal income tax return.

2014 Christmas Newsletter
Merry Christmas from our family to yours!

2013

2013 Quarter 1 – Issue 101
Medical Expenses :: Family Caregiver Tax Credit :: Old Age Security – Voluntary Deferral :: U.S. Rental Property :: CPP Sharing

2013 Quarter 2 – Issue 102
Medical Expenses – Travel :: Disability Tax Credit :: Moving Expenses :: Sale of Family Homes :: Estate Planning :: Deferring Old Age Security (OAS)

2013 Quarter 3 – Issue 103
Auto Allowances :: Disaster Relief :: Employment Insurance (EI) :: Business Expenses :: 3rd Party Disclosure of Unreported Income :: Old Tax Returns :: Rental Properties :: Snowbirds :: Web Tips :: GST/HST

2013 Quarter 4 – Issue 104
Gifts to Employees :: Arts & Fitness Credits :: Employee Expenses :: Getting Audited – Net Worth Assessments :: Condo Sales :: Old Age Security :: Foreign Property

2013 Quarter 4 – Issue 104 Special
Year-end Tax Planning Guide

2013 T1 Checklist
T1 preparation checklist. Find out what information you will need to prepare your 2013 personal income tax return.

2013 Christmas Newsletter
Merry Christmas from our family to yours!

2012

2012 Quarter 1 – Issue 97
Medical Expenses – Cosmetic Procedures :: Children’s Art Tax Credit :: Moving Expenses :: EI for Non-Arm’s Length Employees :: Independent Contractor vs Employee :: SR&ED :: US Citizens Residing in Canada

2012 Quarter 2 – Issue 98
Children’s Arts Tax Credit :: Medical Expenses – Outside the Country :: Federal Budget :: Early or Late CPP Applications :: GST/HST Audit

2012 Quarter 3 – Issue 99
Children’s Arts Tax Credit :: Fees Paid to a Montessori School :: Real Estate Agent :: SR&ED :: Self-Employed vs Employee :: Non-profit Organizations

2012 Quarter 4 – Issue 100
Year-end Tax Planning :: Child Care Expenses – Nanny Costs :: Employee Profit Sharing Plans :: Fitness Membership :: Salaries to Children :: Estate Planning

2012 T1 Checklist
What we’ll need to know in order to prepare your 2012 personal income tax return.

2012 Christmas Newsletter
Merry Christmas from our family to yours!

Tax Resources

2016 Tax Checklist
T1 preparation checklist. Find out what information you will need to prepare your 2016 personal income tax return.

Automobile Expenses
Automobile expense schedule.

Business Income & Expenses
Business income and expense schedule.

Office in Home
You may be able to claim some of the expenses of maintaining your home if that’s where your office is.

Rental Income & Expenses
Rental income and expense schedule.

2016 Personal Income Tax Rates
2016 Personal tax rates

Vehicle Log

Deferred Salary Fact Sheet
What to know about deferred salaries to stay on side.