a website dedicated to archiving the tax & estate writings of JAMIE GOLOMBEK
Over the past few months, the Government of Canada passed legislation to put into place a variety of measures to help individual Canadians and businesses facing hardship as a result of the COVID-19 outbreak. Here’s a summary of the potential relief available to Canadians.
Many post-secondary students may be concerned about how tuition and living expenses such as accommodation, food and transportation, will be funded. Let’s review various sources of funds beyond traditional non-registered savings that may help you cover post-secondary education costs for the coming year.
In July 2020 the government’s prescribed interest rate will drop to 1%, providing a significant opportunity to split income with a spouse or common-law partner, (grand)children or other family members. Here's how to use the drop in the prescribed rate to your advantage.
While we have a self-assessment tax system in Canada, if the tax man suspects that your return doesn’t ...read more
SEE PDF FILE ATTACHED ...read more
Clients who dispose of securities should be reporting those dispositions annually on their tax returns. ...read more