Tax Scam: Jason White

Have you received a call from someone calling themselves Jason White? He typically calls from 1-613-912-4377. This Jason White may be pretending to be a Canada Revenue Agency employee who claims there is a warrant out for your arrest. He then informs taxpayers that the only way for the warrant to be removed is for […]
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FAPI (Foreign Accrual Property Income)

In Canada, residents are taxed on their worldwide income. Some Canadians think that they can invest in corporations outside of Canada, and because corporations are separate entities, there is no taxes to pay on the income the corporation is earning. While this can be correct, taxpayers must be careful that they do not run afoul […]
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Group RRSPs

A Group Registered Retirement Savings Plan (“RRSP”) is an employer-contribution retirement plan, that it similar to an individual RRSP. However, it is administered by the employer. The significant advantage to a Group RRSP is that contributions from your employer are made on a pre-tax basis through payroll deductions. Meaning if you were to receive a […]
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