proposals | TaxConnections

05 Feb 2018

Passive Investment Income Proposed Tax Changes

The Canadian tax system is built on the concept of tax integration. Based on the view of principles of fairness and neutrality, tax integration aims to ensure that an individual is indifferent between earning income through a corporation or directly as the after tax results should be the same.

Currently corporate tax rates are lower than personal tax rates; however, when after tax profits earned in a corporation flow out to an individual the net result is comparable to the net result had the individual earned it directly. The difference occurs when a corporation’s after tax profits are saved inside the corporation as a passive investment to be flowed out to the individual at a later date. Read More

Written by Grant Gilmour | Posted in Canada • Tax Changes

28 Sep 2017

Tax Reform: Hope Springs Eternal This Fall

The next few weeks and months are shaping up to be an exciting time for advocates of tax reform. To be sure, the details of a tax reform bill have been shifting almost daily. But that is hardly surprising. If tax reform is to pass, a lot of key players with differing priorities and goals ultimately will have to agree on a unified approach. And if an agreement is eventually reached, the daily gyrations will be quickly forgotten.

There are, of course, many goals of tax reform. On a policy level, these include achieving greater economic efficiency, fairness, and international competitiveness. As an IRS official, I generally don’t take a position on these broad policy issues. Read More

Written by Nina Olson | Posted in Tax Policy

16 Mar 2017

Make You Job Easier With Practice Ignition! Don’t Wait!

Practice Ignition has been applauded for how much easier it makes your work. To read some previous articles on the matter, read here and here. If you are attempting to make your workload easier in order to focus on more of the important things of your profession, you should register for a free trial to Practice Ignition.

Written by Advertorial | Posted in Advertorial

27 Jan 2017

Practice Ignition Makes Your Job Infinitely Easier!

Written by Advertorial | Posted in Advertorial

16 Dec 2016

Make The End Of The Year Work Easier – Try Practice Ignition Now!

Written by Advertorial | Posted in Advertorial

08 Dec 2016

What Are You Waiting For? Make You Job Easier With Practice Ignition!

Written by Advertorial | Posted in Accounting Methods • Advertorial

01 Dec 2016

See What The Buzz Is About – Try Practice Ignition And Make Your Job Easier!

Written by Advertorial | Posted in Advertorial • FREE GIFT

22 Nov 2016

Grow Your Accounting Business Exponentially – Practice Ignition – Free Trial!

Practice Ignition is tax software that allows you to create intelligent proposals that automate your practice and build client relationships. This software was built by accountants for accountants. By using Practice Ignition, you are able to manage client relationships, automate your back-office processes, cut admin, and scale your practice. Given its friendly user interface, using this software is a walk in the park.

Written by Advertorial | Posted in Accounting Methods • Advertorial