Tax News

CRA gives up on millions in money owed

It was a busy year in court for CRA. The revenue agency won 201 tax fraud cases, worth $106.6 million in lost tax money, in 2014-2015.

By Melissa Shin |January 6, 2016

2 min read

Canadians plan to prioritize charitable giving

Almost 60% of Canadians plan to make it a priority to donate to charitable causes in 2016, finds a BMO Wealth Management report. Other priorities include becoming healthier, spending more time with family and friends, and improving their overall financial situation by spending less, saving more and paying off debt. When thinking about which charities […]

By Staff |January 5, 2016

2 min read

Which RRIF strategy is best for clients?

In 2015, two things happened to make advisors ponder what RRIF income strategy is best for clients.

By Michelle Connolly |January 5, 2016

5 min read

4 ways CRA is making it easier to file returns

This week, CRA announced changes meant to make taxes simpler to prepare.

By Staff |December 23, 2015

2 min read