by James Gustafson | Sep 17, 2020 | Taxation
Written by: by Anjuli Gustafson, Sept., 2020 Over the past few months, the CRA has successfully prosecuted a number of individuals found to have committed tax fraud. In May of 2020, the CRA announced that Damien Edward Reynolds was sentenced to a conditional sentence...
by James Gustafson | Aug 24, 2020 | Taxation
What happens when you fall behind in filing your taxes? How can you catch up if you have not filed for a few years? Gustafson Accounting wants to help you figure out how to catch up on your filings when you are behind. We know that people are busy and that things can...
by James Gustafson | Jun 24, 2020 | Taxation
The Department of Finance introduced a number of changes to the tax laws in 2019, here are some things you may need to know about the 2019 budget: Enhanced Canada Pension Plan: The Canadian Pension Plan (CPP) is gradually being enhanced as of 2019. This means that the...
by James Gustafson | Sep 10, 2017 | Taxation
As many of you have no doubt read or heard by now through various media sources, the Federal Government is in the midst of proposing changes to the Canadian Income Tax Act that have been described by others as the most significant in the last 50 years. In all my years...
by James Gustafson | Nov 5, 2014 | Taxation
Its always nice to get good tax news to pass along, such as those impending tax changes recently announced by Government, but not yet enacted. For the first time, families will have direct access to income splitting savings that have heretofore been restricted to...