This webcast is designed to provide individuals and practitioners with an update of major changes to the Income Tax Act (Canada) for the 2011 taxation year. Topics will include personal tax information, savings plans (including RRSP deduction limits, anti-avoidance rules, etc.), and taxation news (including case studies and CRA News Releases).

Your source for current tax laws, regulations, and trends for all your tax-planning needs.

In 2011, several developments from all three branches of the federal government provided reminders, both subtle and direct, of questions to ask clients and actions to take to be sure practitioners are meeting due diligence obligations in preparing tax returns for individuals.

The Internal Revenue Service today released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability. A Notice proposing a new revenue procedure revises the threshold requirements for requesting equitable relief and revises the factors used by the IRS in evaluating these requests.

This article, written by Don Goodison, FCGA, examines the case of Brian D. Sumner v. Her Majesty The Queen, which was appealed to the Tax Court of Canada. The case centered on whether Mr. Sumner was engaged in running a business, and whether he could therefore deduct massive amounts of expenses against a very small revenue stream.

This webcast is designed to provide individuals and practitioners with an update of major changes to the Income Tax Act (Canada) for the 2011 taxation year. Topics will include personal tax information, savings plans (including RRSP deduction limits, anti-avoidance rules, etc.), and taxation news (including case studies and CRA News Releases).

Your source for current tax laws, regulations, and trends for all your tax-planning needs.

This webcast is designed to provide practitioners with an update of major changes to the Income Tax Act (Canada) and related interpretations and case law that will affect taxpayers for the 2011 taxation year. Topics covered will include recent federal budgets, selected technical interpretations, and various cases of interest to practitioners.

This is the second of a two-part presentation on the taxation of trusts and their role in estate planning. It will cover three essential topics: estate planning using trusts; the use of testamentary spousal trusts; and the 21-year deemed disposition rule. This webcast is intended for an audience with a basic understanding of trust fundamentals.

This is the first of a two-part presentation on the taxation of trusts, which is intended for an audience with a basic understanding of trust fundamentals. It will include discussions on the non-tax uses of trusts, income and capital gains splitting strategies, and tax traps.