Tax

Taxpayer gets second chance

Readers will recall my repeated warnings about the severe penalties for failing to file Form T1135, the Foreign Income Verification Statement.

By Jamie Golombek |April 15, 2012

3 min read

Trust residence ruling upheld

The recent decision of the Supreme Court of Canada in the Garron Family Trust establishes rules on trust residence.

By Vikram Barhat |April 13, 2012

2 min read

Proposed U.S. immigration reforms could impact older clients

Recently, several advisors and clients have asked us about the so-called snowbird visa being proposed in the U.S. A cross-border financial-planning firm has been strongly encouraging Canadian snowbirds to contact U.S. senators, congresspeople and sponsors of this bill to push the proposed legislation forward.

By Terry Ritchie |April 13, 2012

5 min read

Will the Buffett Rule pass?

U.S. President Barack Obama has made the case that whoever wins the upcoming election will face an economy still recovering from the “worst economic calamity since the Great Depression” and many Americans will still be looking for jobs and lacking financial security.

April 10, 2012

2 min read