November 2007
Different aspects of Registered Retirement Savings Plans (RRSPs) have been discussed in this column in December 2003, July 2004 and February 2006. Since the 2007 budget made some changes to the oper…
September 2007
The partners are pleased to announce that Meghann Agnew has been promoted to the position of manager and will join the firm’s other two managers, Marie Dietrich and Brad Collyer, in this role.…
September 2007
Registered Education Savings Plans (RESPs) were last covered in this column in June 2002. As a result of the budget in the spring of this year, there were some enhancements to the program. With the …
July 2007
From time to time, public corporations are “bought out” by other corporations and become private. This means that the corporation becomes a private corporation, or one owned by its paren…
June 2007
Personal income tax instalments are required for those individuals who earn income which is not subject to tax withholding at source. This usually occurs where individuals are self-employed or where…
April 2007
During the past year, McColl Turner has been pleased to be a sponsor of the Greater Peterborough Area Economic Development Corporation’s (GPAEDC) Business Advisory Centre. The mandate of…
April 2007
Both the federal and Ontario governments have recently presented their budgets. The following is a brief summary of some of the measures included in those budgets. Federal The Federal bu…
March 2007
On October 31, 2006 the government announced a tax fairness plan for seniors. One of the components of this fairness plan was the introduction of pension income splitting. This will allow seniors to…
February 2007
Many individuals are fortunate enough to own vacation properties. While we think of them as a place of relaxation and enjoyment, there are also income tax considerations associated with the ow…
January 2007
Marilyn joined McColl Turner in January 2000. Since then, she has worked in the assurance and tax areas of our practice. Prior to joining McColl Turner, Marilyn worked both in public accountin…
January 2007
With the beginning of a new year come changes in various tax related amounts. Some of these changes, such as CPP, EI and income tax calculations affect the take home pay of employees. Other changes …