Last blog added on Thursday, September 13th, 2018

Information About Rosen Kirshen Tax Law Blog

Recent Posts

Below is a preview of the five most recent posts from the blog Rosen Kirshen Tax Law Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

  • What is a Taxable Benefit?September 18, 2018

    What is a Taxable Benefit? A taxable benefit is a benefit that a taxpayer receives, typically paid for by a corporation, that is more related to personal choices than business expenses.  If this is the case, then the taxable benefit… The post What is a Taxable Benefit? appeared first on Rosen Kirs … Read more »

  • Tuition Tax CreditsSeptember 4, 2018

    The Tuition Tax Credit The tuition tax credit (“TTC”) is a non-refundable tax credit that helps Canadian students who are currently attending, or recently finished attending post-secondary education. The cost of post-secondary education represents a financial detriment to many Canadian students and. … Read more »

  • CRA Penalties and InterestAugust 16, 2018

    The Canada Revenue Agency (“CRA”) can charge interest and penalties for a variety of reasons. Perhaps more worrisome is the alarming rate that penalties and interest can accrue at thereafter. Interest and penalties can easily accumulate to amounts greater than… The post CRA Penalties and Interest … Read more »

  • Tax Audits and the Reasonable Minimum StandardAugust 9, 2018

    Anyone who has been audited will tell you about the amount of time they spent compiling receipts, bank statements, and other documentation to refute assessments made by an auditor. Once an auditor has made their determination of what a taxpayer… The post Tax Audits and the Reasonable Minimum Stand … Read more »

  • Principal Residence AuditJuly 26, 2018

    A Principal Residence audit occurs when the Canada Revenue Agency audits a taxpayer for the sale of one, or multiple properties where no taxes are paid. No taxes are paid because the taxpayer is claiming the Principal Residence Exemption, which… The post Principal Residence Audit appeared first on … Read more »