Tax News

FATCA: What’s happened and what’s to come

On July 1, 2014, the Foreign Account Tax Compliance Act (FATCA) came into force. The goal: prevent millions of U.S. taxpayers, and the global financial institutions that serve them, from evading U.S. tax on income and assets held outside U.S.

By Terry F. Ritchie |June 19, 2015

4 min read

Tax tips for commuters

Learn how to claim public transit credits, and work-related car and moving expenses.

By Jessica Bruno |June 19, 2015

2 min read

Do clients understand TFSAs? 5 things to ask

Six years after TFSAs were introduced, many clients still don’t understand how they work, finds a survey by Mackenzie Investments.

By Staff |June 17, 2015

2 min read

CRA stock options ruling a bonus for executors

CRA just made life easier for executors administering estates that include unexercised stock options.

By Dean DiSpalatro |June 15, 2015

2 min read