News Room

June 30 Tax Deadline is Looming for Non-Residents

An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:

Distinguished Advisor Conference Special Offer: RSVP by February 15

What does it take to be a Top Gun in the financial services? To be amongst the most highly regarded in your industry, you must exhibit the characteristics and skills reserved for the elite: exceptional academic achievements, outstanding personal leadership and teamwork abilities and most of all, a stronger drive than others to be at the top of your field.

Life Purpose

“No one’s happiness but my own is in my power to achieve or to destroy.” - Ayn Rand

Husband Killed in Spousal Hostage Taking: Varied Will Structure Matters

Neufeld v. Dafoe BCSC 2016. The Supreme Court of British Columbia recently varied the Will of a deceased person to provide funds to a plaintiff, who insisted she was his common law partner. The facts were quite unusual: the plaintiff’s marriage ended after she was taken hostage by her husband during a police stand-off in which he was killed.

Tackling the Tax Return: Getting Started

It’s February and that means it’s officially tax season. If you are going to tackle filing your tax return yourself this year—and every Canadian should try to grasp this life skill at least once—you will want to know more about the basic elements of the T1 General Income Tax and Benefit Return.

Tax Tips: Help Newcomers to Canada With Unique Tax Filing Rules

According to Statistics Canada, 20.6% of Canada’s total population is foreign born. Between 2006 and 2011, 1.1 Million foreign-born people immigrated to Canada from Asia, Africa, the Caribbean, Central and South America.

Understanding Proprietorships Key to Your Demographic

Unincorporated small business returns are increasingly in demand as an aging demographic moves from full-time employment to self-employment as a way to leverage time and money.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    9 votes
    7.44%
  • No
    112 votes
    92.56%