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What clients want from a successor when their advisor retires

Relationship-based skills may be more important than performance ....

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Survey of accounting firms suggests costs for bare trusts rules neared $1-billion

Accountants and their clients may have spent almost $1-billion trying to comply with controversial new reporting rules for bare trusts before the Canada… ....

Joseph Devaney , Canada Revenue Agency , Video Tax News , Reaking News ,

Advisors face difficult discussions about fees for bare trust filing services

With the CRA’s last-minute change, tax returns had already been filed in many cases ....

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'Bare trust' reporting paused for 2023: CRA

The Canada Revenue Agency announced Thursday it will not require bare trust reporting from Canadians that it introduced for the 2024 tax season, just four days before the April 2 deadline. ....

British Columbia , Caitlin Butler , Canada Revenue Agency , Information Return , Video Tax News ,

Key tax changes in 2024 in Canada

Some tax changes this year are increasing costs for Canadians, including one that a tax specialist says could be the last winter storm of the season that really turns things upside down. ....

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