-
Home
-
Services
-
Services
- Audit and review
- Complex accounting matters
-
Corporate finance
- Financial statement preparation
-
Forensic investigations and security consulting
-
Governance, risk and compliance
-
Information technology
-
International financial reporting standards
-
Litigation advisory services
-
Operational improvement
-
Productivity improvement
-
Recovery and reorganization
- Specialized assurance services
-
Strategic advisory
-
Tax services
- Services A-Z
-
Services
-
Industries/Segments
-
Insights
-
Careers
-
Alumni
-
Press
-
Locations
-
Events
-
About us
Smart tax tips
2012 automobile deduction limits and expense benefit rates
When an automobile is used for business purposes, the Income Tax Act allows for a deduction of the automobile’s related expenses, subject to certain restrictions or limits. [January 12, 2012] More...
RESPs—Contribute and obtain government grants
A Registered Education Savings Plan (RESP) can be established with one or more individuals set up as beneficiaries under the plan. Although the individual subscriber cannot deduct contributions for tax purposes, any income earned within the plan is taxed in the hands of the beneficiaries, once distributions are made. There is no annual limit for contributions to RESPs but there is a lifetime limit of $50,000 for each beneficiary. [November 9, 2011] More...
Donations to municipalities—the rules are changing
Municipalities have the status of a qualified donee and can, therefore, issue charitable donation receipts. But municipalities do not have the same responsibilities in connection with the issue of donation receipts that registered charities currently have. However, this will change very soon. [August 29, 2011] More...
The new children’s arts tax credit
The 2011 federal budget introduced a new, non-refundable tax credit—the children’s arts tax credit. [July 21, 2011] More...
File your personal tax return on time, or penalties and interest may apply
The deadline for filing 2010 personal tax returns, and the payment of 2010 taxes is extended until Monday May 2, 2011 because April 30 falls on a Saturday. [April 18, 2011] More...
Universal Child Care Benefit (UCCB) – for children under 6 years old
If you have a child under 6 years of age, you may be eligible for the UCCB which is $100 per month per child. [March 29, 2011] More...
Medical expenses—don't forget to claim expenses for dependants including adult children
You may claim a credit for medical expenses that you paid for yourself, spouse, common-law partner and minor children. [February 28, 2011] More...
The right time to start CPP benefits—may be affected by some recent changes
You can start receiving your CPP benefits as early as 60 years of age. However, the amount of your CPP benefits will vary depending on when you choose to start. [January 31, 2011] More...
Maximizing the tax benefits of your capital gains and losses
If you have realized a capital gain in 2010 or in any of the last three years (2007 to 2009), consider selling investments with accrued losses before the end of the year. [December 8, 2010] More...
The CRA’s new vehicle logbook policy may save you time
If you use your vehicle for business and personal purposes, you may be able to simplify your record keeping based on the CRA’s new logbook policy. [November 8, 2010] More...
-
- PRINT SIZE:
-
-
