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New Tax Measures Provide Planning Opportunity for Families

by James Gustafson | Nov 5, 2014 | Taxation

Its always nice to get good tax news to pass along, such as those impending tax changes recently announced by Government, but not yet enacted. For the first time, families will have direct access to income splitting savings that have heretofore been restricted to...

What is this term in the Canadian Income Tax Act called “income”?

by James Gustafson | Aug 16, 2010 | Taxation

As a Canadian taxpayer we are all aware we should be taxed on our “income”. But do we know exactly what income is? A closer review of the Income Tax Act will tell you that this term is not clearly defined. However, the legislation clearly tells us how to...

Disclaimer

Information contained within this blog or on this website, either expressly or by reference, does not constitute professional advice and is designed strictly for general information purposes. As individual circumstances vary widely anyone seeking assistance with either their accounting or tax situation are strongly encouraged to seek appropriate professional advice.

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