Tax News

Charitable giving survives economic woes

Today marks National Philanthropy Day and the fact that end-of-year giving accounts for approximately one-quarter of national not-for-profit contributions annually proves Canadians have their heart in the right place.

By Vikram Barhat |November 15, 2011

3 min read

Defining pre-business activity tax claims

When does a business become a business for tax purposes? This question is fundamental to knowing when to write off losses associated with a business activity against other income on your personal tax return.

By Jamie Golombek |November 10, 2011

3 min read

Effective income strategies, part 2

When people think of income planning, they usually think of retirement. Prior to retirement, Canadians are mainly concerned with paying debt and accumulating retirement assets, so they ignore income-planning opportunities.

By Mike George |November 9, 2011

4 min read

No shortcuts when calculating RSUs

For most employees, the taxation of their employment income is straightforward, since their income is mainly comprised of salary and bonuses.

By Robert Mendenhall |November 3, 2011

5 min read