Episodes
Wednesday Nov 28, 2018
Episode 020 - Upcoming Changes to the Canada Pension Plan (CPP)
Wednesday Nov 28, 2018
Wednesday Nov 28, 2018
In this episode we talk about the changes coming to the CPP in 2019, and what to expect going forward as the contribution rate climbs from 4.95% to 5.95% over the next 6 years in addition to the increase in the Yearly Maximum Pensionable Earnings (YMPE) amount.
Wednesday Nov 14, 2018
Episode 019 - What Fiscal Year End Should I Pick?
Wednesday Nov 14, 2018
Wednesday Nov 14, 2018
We commonly are asked, what difference does a fiscal year end make in a corporation? In this episode we discuss some of the more common tax reasons and non-tax reasons for fiscal year end choices.
Wednesday Oct 31, 2018
Episode 018 - Finally it Pays to be Unreasonable to your Spouse
Wednesday Oct 31, 2018
Wednesday Oct 31, 2018
Are you concerned about the Tax On Split Income affecting your family's taxes? Then you are going to want to listen to this brainstorming episode on being unreasonable on purpose!
Wednesday Oct 03, 2018
Episode 016 - Whether (and when) to stop contributing to the CPP
Wednesday Oct 03, 2018
Wednesday Oct 03, 2018
Prior to 2012 Canadians did not have a choice to when they stopped contributing to the CPP. Now that there is a choice, we get into what your options currently are.
Wednesday Sep 26, 2018
Wednesday Sep 26, 2018
There are 4 different credits that used to be available to students in 2016 that have since been eliminated. Do you know what they are?
Wednesday Sep 19, 2018
Episode 014 - Is it Time for a Canada Tax Shuffle Plan
Wednesday Sep 19, 2018
Wednesday Sep 19, 2018
Many tax planners may remember the tax plan called the Alberta Shuffle. Is it time to look at changing the rates to create a Canada Shuffle? #CdnTax #cdnpoli
Wednesday Sep 05, 2018
Episode 012 - Tax On Split Income (TOSI) - a Technical Explanation
Wednesday Sep 05, 2018
Wednesday Sep 05, 2018
In the last episode we had some fun with the Tax On Split Income (TOSI) rules, but it really is time to get serious about them.
Wednesday Aug 29, 2018
Episode 011 - Tax On Split Income (TOSI) - The Small Business Escape Room Game
Wednesday Aug 29, 2018
Wednesday Aug 29, 2018
The Tax On Split Income (TOSI) rules are written like a bad “escape room” game. The way these rules are written, everyone is caught… unless you can escape… and the exits are not clearly marked. In this episode, Cory G. Litzenberger tries to help you navigate these rules in a high-level tongue-in-cheek approach to them.
Wednesday Aug 22, 2018
Episode 010 - Even if You Follow the Law, Can You Pass the Smell Test?
Wednesday Aug 22, 2018
Wednesday Aug 22, 2018
Taxpayers that follow the letter of the law in the Income Tax Act might not realize that there is a "catch-all" provision that is what we call the "smell test." If it stinks like GAARbage, the CRA will reassess you.
Wednesday Aug 15, 2018
Episode 009 - The Management Fee GST Trap That You Didn't Know Existed
Wednesday Aug 15, 2018
Wednesday Aug 15, 2018
You may have heard you don't need to register for GST until you have $30,000 in sales. However, this is not always the case, and in this episode, we target an outdated tool used by some practitioners - Management Fees.