Tax Tips Year End Edition

Tax Tips And Traps Newsletter – 4th Quarter

Kenway Mack Slusarchuk Stewart LLP Chartered Professional Accountants, Chartered Accountants is pleased to provide the following income tax commentary.  This commentary does not originate from our office.  Our subscription to the commentary allows for us to distribute it to our clients. We hope you find it useful.

In this issue, topics include:

  • Tax ticklers
  • Retaining Employment Insurance (EI) benefits
  • Director’s liability
  • Tax on Split Income (TOSI)
  • Active business vs property income
  • Contractor vs employee
  • Divorce settlement

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