Tax

Qualifying for the first-time homebuyers tax credit

If your clients bought a home in 2012, they may be able to save on their taxes through the first-time homebuyers’ tax credit, says CRA.

By Staff |April 3, 2013

1 min read

Fidelity, Sentry close capital yield funds to new investors

The 2013 Budget's proposed changes to character conversion transactions has affected offerings of both Fidelity and Sentry.

By Staff |April 2, 2013

2 min read

Filing procedure changes for U.S. taxpayers in Canada

The IRS has made some changes to its new streamlined filing compliance procedures.

April 2, 2013

1 min read

Get U.S. clients ready for tax season

Do your small biz owner clients have U.S. operations? Then they’ve had to deal with higher rates on several taxes, which were approved by Congress on New Year’s Day. One such change includes increased tax rates on dividends for those with high incomes. And the cost of preparing returns, fine-tuning payroll systems and complying with […]

By Wire services |April 2, 2013

1 min read