“I’m spending a year dead for tax reasons” – Douglas Adams TSX Reaches All-Time High The Toronto Stock Exchange’s S&P/TSX Composite Index closed up 68.57 points, or 0.41%, to finish at 16,612.81, passing the previous high of 16,567.40 reached on July 12, 2018. The main index has increased for the fourth straight week. CRA Tax… Read More
“I love deadlines. I love the whooshing noise they make as they go by” – Douglas Adams 2018 Tax Deadline We generally quote a two-week turnaround for completion of tax files. Given the volume of tax files we’ve received to-date, we would like to remind you that it the April 30th deadline is only 18… Read More
“The art and science of asking questions is the source of all knowledge” – Thomas Berger Guide to Recessions Capital Group has released an informative, user-friendly piece on the topic of recessions. The article answers the following questions: What is a recession? How long do recessions last? What happens to stock markets during recessions? What… Read More
“Diligence is the mother of good fortune” – Benjamin Disraeli Be Aware: CRA Scams Abound As we enter the full swing of tax season, it is important to remember that scammers posing as CRA agents are also getting into full swing. The CRA has put together a helpful list of things they MAY and things… Read More
“The budget is not just a collection of numbers, but an expression of our values and aspirations” – Jack Lew British Columbia Speculation and Vacancy Tax Declaration Deadline is March 31 If you own your home, you’ll have received a letter from the B.C. government telling you to make your declaration by March 31st. Homeowners,… Read More