For many individuals preparing their Canadian income tax returns, the term “taxable Canadian property” is probably recognizable. In fact, numerous provisions within the Income Tax Act impose tax implications regarding the disposition of this property on certain individuals, such as non-residents.
Read more … What is “Taxable Canadian Property”?
The last federal budget before the election this fall has drawn the attention of different groups ranging from students to small business owners. As individual taxpayers, the following list summarizes some of the key changes that would likely affect you.Increasing Tax Free Savings Account (TFSA) Limit
Read more … How is the 2015 Federal Budget affecting you?