As a first-time home buyer, you may be able to claim $5,000 for the purchase of a qualifying home in 2017.
To qualify for the home buyers’ amount, you cannot have lived in another home owned by you or your spouse or common-law partner that year or in any of the preceding four years.
The qualifying home […]
We’d like to share the following article from Advisor.ca, clarifying the rules for income sprinkling:
“The federal government provided revised income sprinkling measures Wednesday, offering clarity about how its controversial changes to the Income Tax Act will be implemented.
The feds “have significantly narrowed the scope, and they’ve provided clarity,” says Dave Walsh, partner and tax service […]
There is presently an article in the Financial Post that is very important. You can find it at: https://business.financialpost.com/personal-finance/the-delays-are-tremendous-widespread-backlogs-hamper-cra-streamlining-frustrate-taxpayers
