Tax

No sympathy

This past fall saw the release of six Federal Court of Appeal decisions (Stemijon Investments Limited v. A.G. Canada, 2011 FCA 299), involving the Asper Group of companies and their ongoing tiff with the Canada Revenue Agency over egregious penalties charged for the late filing of Form T1135, the “Foreign Income Verification Statement.”

By Jamie Golombek |January 1, 2012

4 min read

Have your cake and write it off

During the early years of my career, I worked in the educational conference field—initially in not-for-profit academia, and later in the very competitive one-day commercial conference segment—delivering tax, insurance and investment content to professionals. Much of this came back to me while reading a recent tax appeal of a CRA reassessment denying deductibility of certain catering expenses.

January 1, 2012

3 min read

Estate planning checklist

Estate planning is an essential part of wealth management. It’s particularly important in cases where your client’s estate involves significant assets (such as cottages or small businesses), complex issues (such as foreign beneficiaries) or multi-faceted relationships (such as blended families).

By Mike George |January 1, 2012

5 min read

Rental woes

Tax write-offs from income properties don’t always materialize

By Jamie Golombek |December 31, 2011

3 min read