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网页5 天之前 · Fixed-Income Opportunities in a Lower-Rate Environment. Investors have a chance to lock in rates that are higher than T-bill spreads. Featuring Jeff Mayberry | August 27, 2024. From. Webinar. All webinars →. News …
What the disability tax credit means for eligible Canadians and …
网页2021年5月14日 · Child disability benefit (CDB) — A tax-free monthly payment for parents of a child under 18 who qualifies for the DTC and who also qualifies for the Canada child benefit. The CDB is calculated annually based on prior year adjusted family net income and begins to reduce when that income exceeds $68,708. 1 Where the child qualifies for the …
Employees working from home by choice can claim expenses, CRA …
网页2024年2月5日 · The temporary “flat rate” method, which allowed Canadians working from home due to Covid to claim up to $400 in employment expenses in 2020 and up to $500 in 2021 and 2022, is not available for 2023. The simplified method didn’t require an employee to track expenses or obtain a Form T2200: Declaration of Conditions of Employment.
Filing the T3 tax return | Advisor.ca
网页2018年2月17日 · The T3 needs to be filed 90 days after the trust’s year-end. For Dec. 31 year-ends, that makes the T3 filing deadline March 31 (March 30 in leap years)—different than the more familiar April 30 deadline. As Michalak explains, not every estate needs to file a T3. For example, if the estate is wound up and all assets distributed to heirs ...
When to use a codicil (and when to rewrite the will)
网页2018年1月25日 · Concerned about privacy – If the testator doesn’t want anyone (particularly beneficiaries) to see the terms of the old will, then write a new one. Dealing with multiple codicils – The more codicils, the greater chance of confusion, contradiction and/or lost paperwork. James Dolan is a Vancouver-based financial writer.
$5.2 billion in home office expenses claimed last tax season
网页2024年2月21日 · CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses. Taxpayers claimed $5.2 billion in home office expenses in 2022, according to data provided to Advisor.ca by the Canada Revenue Agency (CRA). About half of that was claimed using the standard method, with the remainder …
What we’ve learned from the Emerge ETFs saga | Advisor.ca
网页2024年3月25日 · Advisor.ca reported a week later that Emerge’s six ARK ETFs were owed more than $2.5 million in receivables from Emerge as of June 30, 2022 — an amount that had grown more than fivefold over the preceding two-and-a-half years. On May 11, 2023, the OSC suspended Emerge Canada’s registration for capital deficiency, sharing that the ...
CRA updates guidance on underused housing tax | Advisor.ca
网页2024年3月12日 · The UHT is an annual 1% tax on the ownership of vacant or underused housing in Canada, effective in 2022 and subsequent years. The CRA twice extended the deadline to file a UHT return for 2022 without incurring penalties or interest. The annual filing deadline is April 30. Under existing legislation, if a Canadian owns a property through a ...
Cross-border gift tax issues for Canadians | Advisor.ca
网页2019年2月8日 · Because Canadians gifting U.S. property can access the annual exclusions of US$15,000 and US$155,000 but not the lifetime exemption for gift tax purposes, Canadians who make gifts of U.S. property above these thresholds must file a U.S. gift tax return and pay any gift tax owing. This exposure leads to two cross-border tax traps for …
Benjamin Felix | Advisor.ca
网页2024年5月8日 · Benjamin Felix, MBA, CFA, CFP, F. Pl., CIM, is a portfolio manager and head of research with PWL Capital Inc., and co-hosts the Rational Reminder and Money Scope podcasts.