Helping First Nations, Inuit and Metis with Tax Filing
The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.DAC 2016: Create a Value Hub to Succeed in a Disrupted Marketplace
Do you want to learn a whole new way of thinking about your business so you can be at least 100 times more excited about your future? Bill Bishop, CEO of Bishop Communication Inc. and publisher of Disrupter Magazine, will explain how in his must-hear session at the Distinguished Advisor Conference 2016. Final registrations are open now to September 30.
Life Purpose
Whatever you want in life, other people are going to want it too. Believe in yourself enough to accept the idea that you have an equal right to it.
Diane Sawyer
Planning Required: New Canada Child Benefits Arrive July 20
The refundable tax credits replacing the Family Tax Cut, Universal Child Care Benefit arrive this week. What to expect? Tax and financial advisors could be very busy tending to questions about the whether the size of the cheques is right, and filing 2015 tax returns for delinquent filers.
Tax Cheating on Real Estate scores $14 Million for CRA
Leaked documents from CRA have been reported in China, indicating that 50 tax auditors and 35 additional staff have been deployed to crackdown on real estate tax cheats in Vancouver. CRA confirmed to the CBC that indeed 339 audits have reaped $14 million in tax recoveries in 2015/2016. Here’s how to stay out of trouble.
Financial Capability is Multi-Dimensional; so is Financial Advice
A just-released synopsis of the FINRA National Financial Capabilities survey of close to 30,000 Americans from June to October 2015 showed a stunning lack of financial understanding there; at a time when wealth and income inequality is at an extreme not seen since World War II. But Canadians did not do much better.
Bitcoins and CRA
It’s been a month of turmoil in France, Turkey, the US and even Brazil. In such times people consider alternative investments, such as gold (traditionally) and bitcoins (non-traditionally), as safe havens.
