Watch! Life in the Tax Lane - January 2024

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Pre-Budget Consultations

• Canada Dental Care Plan

• Electronic Distribution – T-slips

• Cryptocurrency and NFTs

• Working From Home Expenses – Employees

• Expanded Trust Reporting – CRA Guidance

Program Recorded: December 20, 2023.

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2023, All Rights Reserved.

Watch! Life in the Tax Lane - December 2023

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Sources:

• Fall Economic Statement – Short-Term Rentals and Employee Ownership Trusts 

• Fall Economic Statement – Underused Housing Tax (UHT) – Source 1 and Source 2

• Various Trust Filing Issues – Source 1, Source 2 and Source 3

• Various Trust Filing Issues – Late Breaking Release

• Personal Indexation Amounts for 2024

• Canada Pension Plan

• T4/T4A Filing Requirements – Dental Benefits

• Overlooked Capital Losses

Program Recorded: November 24, 2023.

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2023, All Rights Reserved.

Watch! Life in the Tax Lane - November 2023

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Sources:

• Mandatory Tips – GST/HST/QST

• Expanded Trust Reporting – Bare Trust Arrangements 

• UHT – Penalties, Interest and Relief

• Source of Income – Source 1 and Source 2

• EI Insurable Earnings – Control of Shares

• Partial Change in Use – Rental to Personal

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2023, All Rights Reserved.

Watch! Life in the Tax Lane - October 2023

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Sources:

• Extended CEBA Repayment Deadline – Source 1 and Source 2

• Enhanced GST Rental Rebate – Source 1, Source 2 and Source 3

• Home Accessibility Tax Credit – Nature of Impairment

• Enhanced CCA – Phase-Out After December 31, 2023 – Source 1 and Source 2

• Mileage Allowance –  Common Starting Location

• Corporate Beneficial Ownership Registry – Source 1 and Source 2 

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2023, All Rights Reserved.

Watch! Life in the Tax Lane - September 2023

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Sources:

• Surcharge to Accept Payment Via Credit Card – GST/HST?

• Revival of a Corporation

• Multigenerational Home Renovation Tax Credit – New Dwelling

• Identifying Simplified Registrants – New CRA Numbers

• Employee vs. Independent Contractor – Differing Legislation –
  Source 1 and Source 2

• Late Payments to CRA – Source 1 and Source 2

• Replacement Property Rules – Source 1 and Source 2

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2023, All Rights Reserved.