Tax Tips and Traps Newsletter – 4th 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
• Crowdfunding: Taxable or Not?
• Trusts: New and Expanded Disclosure Requirements
• Director Liability: Is Asking About Source Deductions Enough?
• Executor: Whether to Accept This Role
• GST/HST Input Tax Credits: Reasonable Expectation of Profit
• Tips Collected Electronically: Withholding Requirements