Saturday, July 22, 2017

Family Income Splitting for Doctors – A Significant Income Tax Saving Strategy

Our physician clients are some of the higher paid professionals in BC. Some making well over $500,000 per year. At these income levels average...

Disclosing Offshore Investment Accounts to CRA – Don’t Let CRA Find Them First.

I met with a client a few weeks ago that needed some advice on whether or not to disclose his Swiss offshore investment accounts....

Mike de Jong Calls on CRA to Investigate Tax-Dodgers

Recently, The Globe and Mail began an investigation into tax loopholes and “lax oversight” which allow both foreign and local real estate speculators to...

New CRA Phone Scams Threaten False Legal Action

Canadian citizens have been victimized by a number of phone-scammers portraying themselves to be the Canada Revenue Agency, but the latest scam has arguably...

Notorious B.C. Tax Cheat Sentenced to Prison

Russell Porisky of Chilliwack, British Columbia – known to the media as an “anti-tax crusader” – has been fined $259,482 by the B.C. Supreme...

How to File Late Corporate Tax Returns?

Question Hi I started a contracting company in 2012 and incorporated in 2013. The company has become relatively successful however I’ve neglected to file tax returns...