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Stay up to date on current trends, news, Virtus Group updates and more.


Finance Department Announcement – some good news for taxpayers but still some uncertainty.

The Department of Finance released an announcement earlier today as a partial response to the consultations received from taxpayers and advisors related to the proposed tax changes from July. We have a summary of the main points here.

The CRA's Post-Assessment Review Process

That post-assessment review process starts in the month of August. There are two components to the review process — the Processing Review Program and the Matching Program.

When You Owe Money to CRA

There are, a number of reasons why owing money to the tax authorities is a particularly bad idea.

Understanding the CPP Post-Retirement Benefit

Changes to the Canada Pension Plan (CPP) and Old Age Security (OAS) programs have increased the flexibility of those programs including the new CPP post-retirement benefit (PRB). Keep reading for the details!

Tax Changes Affecting the School Year

What parents and students have in common this school year - higher after-tax costs for education-related expenses.

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