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 [...]
Electronic GST/HST Filing; It pays to file correctly and on-time!
Tuesday, October 26th, 2010
Effective for reporting periods that end after June 2010, you will have to file your GST/HST returns electronically if any of the following apply: • you have greater than $1.5 million in annual taxable supplies (except for charities); • you are required to recapture input tax credits for the provincial part of the HST paid [...]
2010 Ontario Budget Commentary
Friday, March 26th, 2010
Please join us on Monday March 29 at 6:00pm for our comments on the Ontario Budget, and an opportunity to ask your burning questions about HST and other issues. We will be presenting our views on this budget at the Portuguese Cultural Centre of Mississauga, 53 Queen Street North, Streetsville. (just north of Briannia Road, [...]
Scientific Research & Experimental Development Audit Trends
Tuesday, March 2nd, 2010
Greg Rawn, CA, CBV The CRA recently changed its prescribed form as it relates to claiming investment tax credits from research and development (R&D) in Canada. The main form – T661, and supplemental schedules were updated to improve filing efficiency by taxpayers, and facilitate the future electronic filing of forms. The change coincided with increases [...]
2009 T1 Checklist
Saturday, February 27th, 2010
Please find attached our annual T1 checklist. We hope that this checklist assists you in gathering your 2009 personal income tax information together. As always, please call our office directly at (905) 821-9215 if we can be of immediate service. 2009-T1-checklist
