Tax News

Clients may risk steep penalties if they don’t file U.S. tax forms

Haven’t filed all your required U.S. tax paperwork? If you’re really unlucky, you might get sued.

By Max Reed |March 29, 2017

4 min read

Have clients in northern Canada? Here are tax tips

For Canadians who live in the north, CRA offers two deductions.

By Staff |March 28, 2017

1 min read

CRA sets Q2 interest rates

The CRA has set the prescribed annual interest rates for amounts owing in Q2. The family loan rate remains the same, at 1%. Read: Liberals reviewing private corporations, high-income tax strategies The only change from last quarter is the rate for corporate taxpayers’ pertinent loans or indebtedness, which will be 4.47%, the CRA says. Rates […]

By Staff |March 27, 2017

1 min read

Op-ed: Why Finance shouldn’t target passive investments in private corps

It's not actually that advantageous to hold investments inside a corporation.

By Dave Faulkner |March 27, 2017

3 min read