New video! Key Insights on Long-Term Disability Coverage for CPAs: Expert Tips and Takeaways

Join David Filewich of CPA Insurance Plans West and Caitlin Butler of Video Tax News as they break down key insights for CPAs on long-term disability coverage in this 13-minute video clip. They discuss:

• Trends in long-term disability claims

• How to determine the right coverage

• Taxable vs non-taxable policies

• Employer-sponsored vs individual policies

• Key considerations for self-employed CPAs

David also shares his top 3 takeaways to help CPAs make informed insurance decisions.

Recorded August 23, 2024

This video is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024. All Rights Reserved.

Watch! Life in the Tax Lane - September 2024

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Capital Gains Inclusion Rate Increase – Draft Legislation 

• Trust Reporting – Draft Legislation

• Trust Distributions Violating Trust Terms

• Alternative Minimum Tax – Draft Legislation 

• Post-Mortem Losses – Draft Legislation 

• Collection of GST/HST by Accommodation Platform

Program Recorded: August 22, 2024.

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.

Watch! Life in the Tax Lane - August 2024

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Bare Trust Issues – Current Events – Source 1, Source 2 and Source 3

• Canada Disability Benefit – Proposed Regulations

• CRA Service Standards

• Personal Services Business

• Employee Ownership Trusts – Exemption or Deferral? – Source 1, Source 2 and Source 3 (third-party paywall)

Program Recorded: July 25, 2024.

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.

Watch Now! Corporate Life Insurance – Who should own it?

Join Steve Meldrum from Swell Private Wealth in this 3.5-minute video clip as he dives into the importance of where corporate life insurance is held and discusses the potential tax consequences of improper placement.

Source Documents:

• https://www.canlii.org/fr/ca/caf/doc/2024/2024caf16/2024caf16.html

• Corporate Life Insurance – Taxable Benefits

Recorded June 25, 2024

This video is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024. All Rights Reserved.

Watch! Life in the Tax Lane - July 2024

This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team. 

Topics:

• Capital Gains Inclusion Rate Changes – Source 1 and Source 2

• Non-Resident Sellers of Canadian Real Estate – Source 1 and Source 2

• Use of Corporate Assets by Shareholder

• CRA Guidance – Receipts 

• Bare Trust Reporting Rules – Source 1 and Source 2

• Gross Negligence Penalties

Program Recorded: June 27, 2024.

Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.