taxdetective-Sandusky-Register

News release - The Canada Revenue Agency revokes the registration of The Organ Donation & Transplant Association of Canada as a charity

it isn't often that we know the names of these charities that are being dis-barred, but this one strikes a chord...

Richmond, BC - Payroll Information Seminar - Richmond, B.C.

Hiring a nanny or a caregiver for granny? You'll need this free workshop to keep you from harm and out of trouble!

Remember, those lawyers for Employment Standards and WCB, they don't work for you if you don't register before you hire someone to care for your loved ones. It only takes one injury or illness to trigger an investigation and will you pay, OH YES, big time!

Events and seminars

CRA has all kinds of free workshops about a variety of topics, including personal taxes. This link takes you to the details, places, how to register...

HST in BC - Home

It's time to seriously consider whether HST is bad or not bad... put your thoughts together and submit them by the first week of April. CGA BC has a panel that will be reviewing consequences of various options to the budget for the province.

What's your take?

News release - Harper Government: standing up for honest businesses

Well isn't that about time? And not just for men with hammers, women with cleaning rags, irons and caregivers should be just as honest.

News release - The Canada Revenue Agency revokes the registration of Pediatric AIDS Canada/USA as a charity

What do you know about the charities your hard earned dollars support? CRA's website has reporting by charities and if you know how to read their financial reporting, it's possible to see how much of your money is directed towards administration rather than charitable purposes.

Anyone else with me on this one?  CRA has snuck in a new description of what a deemed disposition is and isn't and I think they've caught those sneaky RRSP transfers where cash or shares come out of the RRSP in exchange for something being moved in to the RRSP...  See what you think...

T5008 reporting:

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/t5008/menu-eng.html
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/t5008/t5008slp/prpr-eng.html

Deemed dispositions:  it used to be that everyone considered that a transfer of property to an RRSP was a disposition to a trust and therefore not reportable on a T5008.  I don't think that's the case anymore with this new definition of what deemed proceeds are.  If you transfer property into a trust and take back out consideration in the form of other shares or money, I'm not sure it meets this narrowing definition of deemed dispositions, which essentially are transfers for no consideration, none, nada, niet...

Financial slips & summaries.. http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slps/fnncl/menu-eng.html