Tax News

New complications for trust planning

Estate planning has become much more complicated now that the department of finance has passed legislation to implement some 2014 federal budget measures.

By Stella Gasparro |March 6, 2015

4 min read

Condo investment shouldn’t be a tax nightmare

You need to know how CRA would view revenues from the condo’s rental income and what would trigger an audit.

By Evelyn Juan |March 6, 2015

5 min read

Don’t forget the first-time donors’ super credit

Few Canadians are claiming the first-time donors super tax credit, reports The Globe and Mail. The credit, which was launched in 2013, lets people donating to registered charities for the first time claim an additional 25% non-refundable tax credit. The Globe says uptake has been just 20% of what the government predicted it would be. […]

By Staff |March 2, 2015

1 min read

4 tips for making smart donations

The tax agency is offering a few tips to ensure those giving to charity can feel secure about their donations.

By Staff |March 2, 2015

2 min read