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Proposed Changes to Tax Planning Using Private Corporations

On July 18, 2017, the Department of Finance released legislative proposals and a consultation paper on proposed changes to tax planning using private corporations. Read our summary which focuses on three issues originally identified in Budget 2017.

Filed your tax return, now what?

Income taxes will be out of sight and out of mind until the next filing deadline rolls around. Now what?

New Rules for Financing Post-Secondary Education

Beginning in 2017, however, changes to that regime at both the federal level and in some provinces will mean changes to the way students (and their parents) pay for post-secondary education.

Fixing a Mistake on Your (Already-filed) Tax Return

All taxpayer want to prepare a return that is correct, and filed on time. While that’s the outcome everyone is hoping for, errors do happen. This can be “short-circuited” in a number of ways.

Personal Tax Credits that will Disappear in 2017

2017 is a year in which there are larger than usual number of tax changes affecting individual taxpayers. This article includes a listing of the changes to existing tax credits which will be implemented for part or all of the 2017 tax year.

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