Tax Newsletters

DFK Tax Digest – 2022 Issue Two Electric Vehicle Rebates for Consumers & Businesses – With the high price of gasoline, [...]

DFK Tax Digest – 2022 Issue Three Changes to the Trust Reporting Rules – Old News is Still not Good News [...]

Source: CPA Canada - As the CRA continues to contact taxpayers about personal services businesses, it’s important to understand the rules. [...]

Source: CPA Canada - Tax rules announced in Budget 2018 will require more trusts to file returns and all trusts to [...]

The Luxury Tax (“LT”) is a new tax on the sale of road vehicles and aircraft where the consideration payable is [...]

Source: CPA Canada - The federal government has released new details about a new type of registered savings plan aimed at [...]

DFK Tax Digest – 2022 Issue Four Summary of Designated Immediate Expensing Property (“DIEP”) Rules – On April 19, 2021, the [...]

Source: CPA Canada - With December 31 almost around the corner, practitioners recommend putting these often-forgotten deductions and credits on your [...]

The Vacant Home Tax (VHT) was enacted in Toronto and Ottawa for the 2022 calendar year. The City of Hamilton approved [...]

Source: CPA Canada - The federal government’s new underused housing tax (UHT) may be aimed primarily at non-residents of Canada, but [...]

Source: CPA Canada The new Underused Housing Tax (UHT) is aimed primarily at non-residents of Canada, but others may also be caught. [...]

Source: CPA Canada - While there are fewer new measures than in previous years, those that have been introduced are significant. [...]

Source: CPA Canada - A number of factors need to be considered before filing a voluntary disclosures program application, including the [...]

Source: CPA Canada - When a taxpayer has made a mistake or omission on a previous return, it can make sense [...]

Source: CPA Canada - As T1 season approaches, find out about some important new tax measures and changes to Canada Revenue [...]

Source: CPA Canada - Canadian citizens and residents who own residential properties should familiarize themselves with the UHT’s various provisions to [...]

DFK Tax Digest – 2023 Issue One Claiming Working from Home Expenses – For your 2022 personal tax filing, the Canada [...]

Source: CPA Canada - As CPA Canada VP of taxation Bruce Ball explains, practitioners need to ensure their documentation is organized [...]

Source: CPA Canada - From peddling shady investment schemes to posing as grandchildren in distress, fraudsters are always finding new ways [...]

The Underused House Tax (UHT) Act received Royal Assent in June of 2022, and is retroactive to January 1, 2022. The [...]

Source: Government of Canada - To provide more time for affected owners to take necessary actions to comply, the Minister of [...]

Source: CPA Canada - Baker Tilly Canada’s John Oakey, CPA, offers an overview of what we know—and don’t know—about the tax [...]

Source: CPA Canada - Forgot to claim a deduction/credit or report income? No need to worry. Here’s what to do. [...]

Source: CPA Canada - Budget 2023 announced two sets of tax rules to consider where owners transfer their businesses to family [...]

DFK Tax Digest – 2023 Issue Two The New Underused Housing Tax – You Are a Canadian Citizen So How Does [...]