November 2012 eNewsletter

PRESCRIBED INTEREST RATES CRA has announced the prescribed rates for the fourth quarter, October 1 to December 31, 2012. The following rates apply: • Interest charged on overdue taxes – 5% • Interest paid on overpaid corporate tax – 1% • Interest paid on overpaid personal tax – 3% • Interest calculated on taxable

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October 2012 eNewsletter

BAD NEWS, GOOD NEWS - TAKING ADVANTAGE OF THE ECONOMIC DOWNTURN The bad news is we are still in an economic mess, principally outside of our control and the result of the Euro Zone issues and the continuing problems in the U.S. While Canada

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August 2012 eNewsletter

PRESCRIBED INTEREST RATES

CRA has announced the prescribed rates for the third quarter, July 1 to September 30, 2012. The following rates apply:

• Interest charged on overdue taxes – 5% • Interest paid on overpaid corporate tax – 1% • Interest paid on overpaid personal tax – 3% •

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July 2012 eNewsletter

US TAX SPECIAL

US VISA OPTIONS

Many Canadians looking to work in the US assume the best option for them is to acquire a green card. Many US immigration lawyers also advise this but often without considering the adverse tax consequences. For someone intent

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January 2012 eNewsletter

HAPPY NEW YEAR

From all of us at Parker Garber & Chesney, LLP to you and your family we wish you a Happy New Year and hope that 2012 will be a good year for all.

IRS GETTING AGGRESSIVE

There has been much

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