Tax Tips and Traps Newsletter – 3rd Quarter

Kenway Mack Slusarchuk Stewart LLP Chartered Professional 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 Tidbits
• Poker Playing: Hobby or Business?
• Required Travel: Between Home and Work
• Principal Residence Exemption: Land in Excess of One-half Hectare
• Personal Services Business (PSB): CRA Education Initiatives
• TFSA Overcontribution: Relying on Information in Your CRA Online Account
• CPP Disability Benefit: Following the Doctor’s Advice
• Shared Custody Agreements: Impacts of School Closures