Tax

CRA has denied every gifting tax shelter it’s audited

For the 2013 tax year, CRA will not assess taxes owed or provide a refund to taxpayers who claim a tax credit under a gifting tax shelter scheme until it has been audited.

By Staff |January 13, 2014

2 min read

Stress-testing a will

Under the law, a person drawing up a will is free to make whatever will he or she wants to make. But while a person drawing up the will has the right to draft one according to his or her wishes, family members have the right to challenge and contest it.

By Daniel J. Dochylo |January 13, 2014

9 min read

Top ways students can save tax

The Canada Revenue Agency (CRA) suggests eight ways students can trim their tax bills.

By Staff |January 10, 2014

2 min read

How the CRA treats snowbirds

You can escape the cold, but you can’t escape taxes.

By Staff |January 8, 2014

1 min read