Opinion

Minister Steven Guilbeault. Photo: Alex Tétreault

Plastic pollution in Canada: The time for action is now

“With the proper tools and rules in place, a better, greener, and more circular economy awaits.”

  • Jul 3, 2022

 

Photo: Canadian Press

COLUMN: Canadian values go beyond flag-waving

The Canadian Charter of Rights and Freedoms sets out high standards for this country

  • Jun 30, 2022

 

g

‘Let’s talk tomatoes’

Opinion: Plants like tomatoes and peppers will rejoice about this heat …

 

Danny Vernon, Illusion of Elvis Presley tribute impersonator, performs as a younger version of Elvis at the state fair, Aug. 30, 2021 in Monroe, Washington. Photo: Andy Bronson

How much money will entice Elvis back into the building?

Editorial by Carolyn Grant, editor for the Kimberley Bulletin

Danny Vernon, Illusion of Elvis Presley tribute impersonator, performs as a younger version of Elvis at the state fair, Aug. 30, 2021 in Monroe, Washington. Photo: Andy Bronson
Richard Cannings

Important issues for Canadians; climate change and affordability crisis

From the Hill: MP Richard Cannings, South Okanagan-West Kootenay

  • Jun 14, 2022
Richard Cannings
Retired Trail Times reporter and longtime community volunteer Lana Rodlie weighs in on ongoing issues with Trail council and the city. Photo: Unsplash

‘What have we gotten out of this council and its leadership?’

Oped by Lana Rodlie, former Trail Times reporter

  • Jun 8, 2022
Retired Trail Times reporter and longtime community volunteer Lana Rodlie weighs in on ongoing issues with Trail council and the city. Photo: Unsplash
“As with all businesses, ecommerce business owners must complete the applicable T2125 business schedules within the T1 Personal tax return, or in the case of an incorporated business, the T2 Corporate return’s Schedule 88.”

Delving into e-tailing, the use of electronic means to sell goods and services

Tax Tips & Pits by Ron Clarke

  • Apr 17, 2022
“As with all businesses, ecommerce business owners must complete the applicable T2125 business schedules within the T1 Personal tax return, or in the case of an incorporated business, the T2 Corporate return’s Schedule 88.”
“CRA emails will never have an attachment. CRA will never ask you to reply to an email.”

Tax season or scam season?

Ron Clarke, owner of JBS Business Services in Trail, provides accounting and tax services.

  • Apr 7, 2022
“CRA emails will never have an attachment. CRA will never ask you to reply to an email.”
” Track down the “T” slips regardless of value, and ensure they get entered on your tax return. And if you can’t get the official “T” slip, estimate the value and enter it, at least then you can say you tried.”

Little known tax penalty is no joke

by Ron Clarke Did you know that if a taxpayer fails to…

  • Apr 5, 2022
” Track down the “T” slips regardless of value, and ensure they get entered on your tax return. And if you can’t get the official “T” slip, estimate the value and enter it, at least then you can say you tried.”
Photo: Hannah Busing/Unsplash

‘What does Trail CAT do, anyway?’

“Stigma is a major barrier to people seeking out help when they need it.”

  • Apr 3, 2022
Photo: Hannah Busing/Unsplash
Alternative minimum tax (AMT) is a separate method of tax calculation made by Canada Revenue Agency (CRA) that runs in parallel with a taxpayer’s regular income tax calculation.

Looking at the alternative minimum tax calculation

An AMT amount paid can be carried forward and credited up to seven years …

  • Mar 24, 2022
Alternative minimum tax (AMT) is a separate method of tax calculation made by Canada Revenue Agency (CRA) that runs in parallel with a taxpayer’s regular income tax calculation.
“You may even be confident that you know the definition of “non-arm’s length.” However, what you may not appreciate is this, depending on who is defining that term, the inclusion or exclusion of certain people as “non-arms length” person may vary.”

Rules of the taxman when transferring assets to a relative

“As usual with CRA rules, there are exceptions.”

  • Mar 17, 2022
“You may even be confident that you know the definition of “non-arm’s length.” However, what you may not appreciate is this, depending on who is defining that term, the inclusion or exclusion of certain people as “non-arms length” person may vary.”
scam stock

OPINION: Senior frauds a perennial problem in need of a solution

Chilliwack man’s vulnerable wife falls prey to a new one: the Henry Cavell scam

scam stock
Tax Tips & Pits: “If you have ever completed a medical claim on your personal tax return you likely know that it’s not a straightforward process.”

Attendant care, nursing home, and the disability tax credit

This type of claim involves many rules, and many variations on those rules.

  • Mar 10, 2022
Tax Tips & Pits: “If you have ever completed a medical claim on your personal tax return you likely know that it’s not a straightforward process.”
Robert’s column

Pandemic has taken a toll on all of us

My life has also been negatively impacted by the ongoing pandemic

Robert’s column
“Think on These Things” is a column written by retired Creston Pastor Ian Cotton.

Think On These Things: The Selfish Rich and Those Trusting God

By Ian Cotton, Retired Seventh-day Adventist Pastor The rich man (Luke 16:19)…

  • Feb 27, 2022
“Think on These Things” is a column written by retired Creston Pastor Ian Cotton.
“Until an agreement is in place, any payments made cannot be considered spousal support and cannot be reported to CRA by either the payer or recipient.”

Tackling a common tax season topic — spousal support payments

Typically if the agreement has an unqualified sunset clause CRA will deny a claim of spousal support

  • Feb 24, 2022
“Until an agreement is in place, any payments made cannot be considered spousal support and cannot be reported to CRA by either the payer or recipient.”
“Who the heck is Spicoli?” I ask. “He’s off a movie,” he says and mumbles something about Ridgemont High and fast times. Photo: File

Top Shelf Stories: “Who’s Spicoli?”

Many friends and readers may have heard a version of this one.

  • Feb 21, 2022
“Who the heck is Spicoli?” I ask. “He’s off a movie,” he says and mumbles something about Ridgemont High and fast times. Photo: File
Construction of the Trans Mountain Pipeline is pictured near Hope, B.C., Monday, Oct. 18, 2021. The projected cost of the Trans Mountain pipeline expansion has nearly doubled. THE CANADIAN PRESS/Jonathan Hayward

Too much government red tape, not enough Red Seal training

Simply put, Bill 4 is wrong-headed and it won’t work.

  • Feb 20, 2022
Construction of the Trans Mountain Pipeline is pictured near Hope, B.C., Monday, Oct. 18, 2021. The projected cost of the Trans Mountain pipeline expansion has nearly doubled. THE CANADIAN PRESS/Jonathan Hayward
Up to 50 per cent of the eligible pension can be split with the spouse of any age but if under 65, there is a restriction on types of eligible pension.

Word of caution; optimizing a pension split is not simple

Tax Tips & Pits with Trail business owner Ron Clarke of JBS Business Services

  • Feb 17, 2022
Up to 50 per cent of the eligible pension can be split with the spouse of any age but if under 65, there is a restriction on types of eligible pension.