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...
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...