personal taxes Archives - Page 3 of 3 - CPA Accountant and Tax Advisor- Coquitlam, Burnaby, Maple Ridge

Income Splitting with Minor Kids

Splitting Income with Minor Kids to Save Taxes

One way to reduce your taxes is to split income with your family. This is one of the popular tax planning strategy. Under this strategy, you hire your children and pay them salary which is deductible to your […]

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Foreign Income Verification Statement (Form T1135)

March 7, 2014
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Canada Revenue Agency announced a change to form T1135 Foreign Income Verification Statement for taxation years ending after June 30, 2013. The purpose of this move is to crack down on international tax evasion and aggressive tax avoidance as laid out in the 2013 Economic Action Plan.¬†Individuals […]

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