January 2025 - GST/HST Temporary Holiday | 2024 Fall Economic Statement – Select Issues | T-slip Update | CEWS Reviews | Underused Housing Tax – Select Issues

Life in the Tax Lane (Canada)

Sources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-january-2025-episode-116

1:42

Join us for the launch of Season 6 of Biscuits & Jam on Tuesday, March 4th, 2025 with The War and Treaty’s Michael and Tanya Trotter. Learn more about your ad choices. Visit podcastchoices.com/adchoices

hace un año 10:46

MP3•Episodio en casa

GST/HST Temporary Holiday
2024 Fall Economic Statement – Select Issues
T-slip Update
CEWS Reviews
Underused Housing Tax – Select Issues

Program Recorded: December 19, 2024.

Stay informed and prepared as the new year begins. Listen to this month’s episode now!

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. 2024, All Rights Reserved.

41 episodios

#Business News #Business #Canada #Video Tax News #News #On Covid19

January 2025 - GST/HST Temporary Holiday | 2024 Fall Economic Statement – Select Issues | T-slip Update | CEWS Reviews | Underused Housing Tax – Select Issues

Life in the Tax Lane (Canada)

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published hace un año

MP3•Episodio en casa

Topics:

GST/HST Temporary Holiday
2024 Fall Economic Statement – Select Issues
T-slip Update
CEWS Reviews
Underused Housing Tax – Select Issues

Sources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-january-2025-episode-116

Program Recorded: December 19, 2024.

Stay informed and prepared as the new year begins. Listen to this month’s episode now!

41 episodios

#Business News #Business #Canada #Video Tax News #News #On Covid19

Todos los episodios

1
February 2025 - Uncertain and Unlegislated Proposals | Select 2024 and 2025 Developments | Late Objections | Automatic Tax Filing? | Donation by Spouse Prior to Marriage | Losses from Personal Scams 10:49

hace 26 días10:49

10:49

February's Life in the Tax Lane is here! A new month brings new tax developments! As we move further into 2025, stay ahead with the latest edition of Life in the Tax Lane. This free, fast-paced 10-minute video for Canadian tax professionals delivers insightful discussions on key updates shaping the world of Canadian tax. This month, the Video Tax News Team discusses the uncertainty surrounding unlegislated tax proposals, including the capital gains inclusion rate increase and CRA’s evolving approach to administering unenacted rules. Stay informed on selected 2024 and 2025 developments affecting trusts, short-term rentals, and CPP contributions and more. The discussion also covers important timing considerations for filing objections, CRA’s potential move toward automatic tax filing for certain taxpayers, the tax treatment of pre-marriage charitable donations by a spouse, and that losses from personal scams are non-deductible in most cases. Topics: Uncertain and Unlegislated Proposals | Select 2024 and 2025 Developments | Late Objections | Automatic Tax Filing? | Donation by Spouse Prior to Marriage | Losses from Personal Scams Sources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-february-2025-episode-117 Program Recorded: January 28, 2025 NOTE: This episode was recorded prior to the capital gains inclusion rate change deferral. For information on that change, see: Finance release - https://www.canada.ca/en/department-finance/news/2025/01/government-of-canada-announces-deferral-in-implementation-of-change-to-capital-gains-inclusion-rate.html CRA release - https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2025/update-cra-administration-proposed-capital-gains-taxation-changes.html 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. 2025, All Rights Reserved.…

1
January 2025 - GST/HST Temporary Holiday | 2024 Fall Economic Statement – Select Issues | T-slip Update | CEWS Reviews | Underused Housing Tax – Select Issues 10:46

hace 8 weeks10:46

10:46

Kick off 2025 with the latest edition of Life in the Tax Lane! This free 10-minute podcast for Canadian tax professionals delivers a fast-paced discussion of recent updates in the world of Canadian tax. Topics: GST/HST Temporary Holiday 2024 Fall Economic Statement – Select Issues T-slip Update CEWS Reviews Underused Housing Tax – Select Issues Sources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-january-2025-episode-116 Program Recorded: December 19, 2024. Stay informed and prepared as the new year begins. Listen to this month’s episode now! 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. 2024, All Rights Reserved.…

1
December 2024 - GST/HST Relief on "Grocery and Holiday" Essentials | Working Canadians Rebate | Capital Gains Inclusion Rate Increase – Taxpayer Relief | CRA Online Services – Transfer of… 10:48

hace 13 weeks10:48

10:48

The December edition of Life in the Tax Lane is here to wrap up the year! This free 10-minute presentation for Canadian tax professionals delivers a rapid-fire discussion of recent developments in the wonderful world of Canadian tax. Topics: GST/HST Relief on "Grocery and Holiday" Essentials Working Canadians Rebate Capital Gains Inclusion Rate Increase – Taxpayer Relief CRA Online Services – Transfer of Individual Payments Online My Business Account – Electronic Communication Sources - https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-december-2024-episode-115 Program Recorded: November 27, 2024. 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. 2024, All Rights Reserved.…

1
November 2024 - Canada Carbon Rebate – Payments | Capital Gains Changes – Impact of Delays | CRA’s Digital Improvements | Tax Tip – Crypto-Assets – Required Records | CRA Service Consultation |… 10:49

hace 17 weeks10:49

10:49

The November edition of "Life in the Tax Lane" is here! This 10-minute video, created specifically for Canadian tax professionals, covers recent developments in Canadian tax with the Video Tax News Team. Topics: Canada Carbon Rebate – Payments Capital Gains Changes – Impact of Delays CRA’s Digital Improvements Tax Tip – Crypto-Assets – Required Records CRA Service Consultation Secondary Suites – Various Implications For sources from this episode, go to https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-november-2024-episode-114 Program Recorded: October 25, 2024 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. 2024, All Rights Reserved.…

1
October 2024 - Canada Business Corporation Act – Public Registry | Registered Education Savings Plan – Contribution Considerations | TFSA Excess Contributions – Decline in Value | Shareholder Loan… 10:49

hace 22 weeks10:49

10:49

Happy October! With a new month comes a new episode of "Life in the Tax Lane." The Video Tax News Team is back with another fast-paced 10-minute video. It’s packed with essential updates for Canadian tax professionals. Topics: Canada Business Corporation Act – Public Registry Registered Education Savings Plan – Contribution Considerations TFSA Excess Contributions – Decline in Value Shareholder Loan Account – Proper Bookkeeping Input Tax Credit – Shareholder Purchasing Asset IRS Collection of Canadian Taxes For sources from this episode, click here. Program recorded: September 18, 2024 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. 2024, All Rights Reserved.…

1
September 2024 - Capital Gains Inclusion Rate Increase – Draft Legislation | Trust Reporting – Draft Legislation | Trust Distributions Violating Trust Terms | Alternative Minimum Tax – Draft… 10:49

hace 23 weeks10:49

10:49

As we settle into September and the start of fall, it's time for another edition of “Life in the Tax Lane”! Joe, Cait and Hugh are back for this month’s 10-minute podcast covering key updates on draft legislation related to capital gains inclusion rate, trust reporting, alternative minimum tax, and more. Topics discussed: Capital Gains Inclusion Rate Increase – Draft Legislation Trust Reporting – Draft Legislation Trust Distributions Violating Trust Terms Alternative Minimum Tax – Draft Legislation Post-Mortem Losses – Draft Legislation Collection of GST/HST by Accommodation Platform Click here to view sources . Like what you are watching? Join our mailing list at videotax.com/mailing-list to stay in the know with new video releases, products and upcoming promotions. 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. 2024, All Rights Reserved.…

1
August 2024 - Bare Trust Issues – Current Events | Canada Disability Benefit – Proposed Regulations | CRA Service Standards | Personal Services Business | Employee Ownership Trusts – Exemption or… 10:49

hace 31 weeks10:49

10:49

Topics discussed (with sources linked) Bare Trust Issues – Current Events – Source 1 , Source 2 and Source 3 Canada Disability Benefit – Proposed Regulations CRA Service Standards Personal Services Business Employee Ownership Trusts – Exemption or Deferral? – Source 1 , Source 2 and Source 3 (third-party paywall) Like what you are watching? Join our mailing list at videotax.com/mailing-list to stay in the know with new video releases, products and upcoming promotions. 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. 2024, All Rights Reserved.…

1
July 2024 - Capital Gains Inclusion Rate Changes | Non-Resident Sellers of Canadian Real Estate | Use of Corporate Assets by Shareholder | CRA Guidance – Receipts | Bare Trust Reporting Rules |… 10:49

hace 35 weeks10:49

10:49

Topics discussed (with sources linked): Capital Gains Inclusion Rate Changes – Source 1 and Source 2 Non-Resident Sellers of Canadian Real Estate – Source 1 and Source 2 Use of Corporate Assets by Shareholder CRA Guidance – Receipts Bare Trust Reporting Rules – Source 1 and Source 2 Gross Negligence Penalties Like what you are watching? Join our mailing list at videotax.com/mailing-list to stay in the know with new video releases, products and upcoming promotions. 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. 2024, All Rights Reserved.…

1
June 2024 - Fees for Services Consultation | Real Estate – CRA Audit Activity | Capital Gains Inclusion Rate – Budget 2024 | CEBA – Collection Process | Spousal Income Attribution | Canada Carbon… 10:49

hace 39 weeks10:49

10:49

Topics discussed (sources linked): Fees for Services Consultation Real Estate – CRA Audit Activity Capital Gains Inclusion Rate – Budget 2024 – Source 1 , Source 2 and Source 3 CEBA – Collection Process – Source 1 and Source 2 Spousal Income Attribution Canada Carbon Rebate for Small Businesses – Source 1 and Source 2 Canadian Dental Care Plan Update – Source 1 and Source 2 Like what you're listening to? Join our mailing list at videotax.com/mailing-list to stay informed about new video releases, products, and upcoming promotions. 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. 2024, All Rights Reserved.…

1
May 2024 - 2024 Federal Budget – Capital Gains | 2024 Federal Budget – Other Items | Home Office Expenses – Multiple Employers and Clients | Accessing CRA Online Portals | Psychotherapy and… 10:49

hace 44 weeks10:49