Top 10 Personal Tax Tips for Seniors
Thursday, January 27th, 2011
By Lorena Boda Kalin McDonald, CA and Lorena Boda made a presentation to the energetic Mississauga 55 + Cari-Can Group on January 25, 2011. Below you will find some of the tips shared with this group. 1. Pension Income Splitting: You should split Form T1032 – Joint election for pension income splitting; Eligible pensions include: [...]
Recent US Tax Changes
Thursday, January 27th, 2011
The US tax laws enacted in the last couple of years contain important income tax and information reporting provisions that are effective for the first time in 2011. To inform you of what’s new in the tax rules, here’s a summary of the key tax changes for 2011, broken down into three categories: Personal Income [...]
US Estate Tax Changes
Wednesday, December 22nd, 2010
The estates of wealthy individuals who died in 2010 didn’t pay any federal estate tax, but that situation is about to change. Under the recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010,” the federal estate tax, which disappeared for 2010, springs back to life in 2011 and is imposed at [...]
S+C Partners LLP hosts volunteer tax clinic at Meadowvale Library
Thursday, March 11th, 2010
S+C Partners LLP is hosting the volunteer tax clinic for low-income taxpayers at the Meadowvale Library in the evenings of March 22, 23 and 24 and again the following week on March 29, 30 and 31. Additional information can be obtained by contacting the Meadowvale Library at (905) 615-4715. The Meadowvale Library is located in the Meadowvale [...]
New GST/HST Electronic Reporting Requirements
Thursday, March 11th, 2010
Mandatory electronic filing For all reporting periods ending on or after July 1, 2010, registrants will be required to file GST/HST returns electronically if: your annual taxable supplies exceed $1.5 milion on an associated basis; you have to recapture input tax credits for the provincial porton of the HST on certain taxable supplies acquired in [...]
