new GST/HST info sheets

The following documents are now available on the CRA Web site:    GST/HST Info Sheet:  GI-154, Prince Edward Island: Transition to the Harmonized Sales Tax – Payment of the GST/HST by Prince Edward Island Government Entities http://www.cra-arc.gc.ca/E/pub/gi/gi-154/README.html?utm_source=gst-hst_technical_publications&utm_medium=eml GST/HST Info Sheet:  GI-155, British Columbia: Transition to the Goods and Services Tax – Payment of the GST/HST…

Itemizing vs. Standard Deduction: Six Facts to Help You Choose

When you file a tax return, you usually have a choice to make: whether to itemize deductions or take the standard deduction. You should compare both methods and use the one that gives you the greater tax benefit. The IRS offers these six facts to help you choose. 1. Figure your itemized deductions.  Add up the…

NBICA, CMA NB and CGA-NB release provincial merger proposal

A new News Item as been posted to the CPA Canada site: NBICA, CMA NB and CGA-NB release provincial merger proposal In support of the Unification Framework and new CPA Certification Program, New Brunswick’s Unification Steering Committee has negotiated a merger proposal based on common principles.

Canada: Renouncing Your U.S. Citizenship: Is Divorcing Uncle Sam Right For You?

20 March 2013 Article by Alexander Marino  A: INTRODUCTION The billionaire co-founder of Facebook, the only American member of Monty Python, a Civil Rights Leader with a PhD from Harvard, the founder of Carnival Cruise Lines and owner of the Miami Heat NBA franchise, and arguably the best chess mind to ever live have more in…

DoxCycle 2.3 Release: Manual slip entry, slip validation and new categories

by Elizabeth (Trilogy Software) on Friday, March 22, 2013 1:00 PM Download the DoxCycle 2.3 release to add boxes to slips from which DoxCycle doesn’t automatically extract data so you can post them to tax returns. Also included in this release: validation of extracted T4 boxes, new categories or organizing documents and memos added to TaxCycle when posting…

What's in the barcode on my tax return?

Cameron Peters I’m not sure whether I’m paranoid or just curious, but when I see a barcode, I want to know the information it contains. When that barcode appears above a signature line, and a declaration that the information given is correct and complete, I really want to know! In TaxCycle, you can hover over any barcode…

Carrying forward predictive typing files in Profile

Cameron Peters For my old friends/ProFile users, I am posting an answer to a question that I have fielded many times over the last 10 years, which is: How can I carry forward my ProFile predictive typing files from year to year? The answer, for posterity, is here: Make sure ProFile is closed. Find the…