Jamie Golombek
Financial Post
Toronto, ON, Canada
Contact Jamie
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Jamie:
The CRA is actively looking for people who day trade investments in their TFSAs
The Canada Revenue Agency is targeting taxpayers who trade securities in TFSAs because it's not exempt from tax on business income. Read on. → Read More
CRA denies transit employee's costs from working away from home, gets taken to court
For taxpayers to deduct unreimbursed food and lodging employment expenses on their CRA tax returns, several conditions must be met. Read on. → Read More
'Nonsensical': CRA denies taxpayer's headhunter fees, but judge sees things differently
The Canada Revenue Agency's reasoning for denying one taxpayer's headhunter expenses were "nonsensical," a judge said. Find out more. → Read More
CRA taken to court after denying spousal support payments as tax deductible
Separation agreements have tax consequences with the Canada Revenue Agency. Find out what happened in this tax case over support payments. → Read More
Taxpayer tries to claim parking costs as medical expense, claiming discrimination for travelling short distances
Now is the time to start gathering the receipts you’ll need if you’re hoping to claim the medical expense tax credit. Find out more. → Read More
The CRA is cracking down on COVID-19 benefit payments as this taxpayer found out
Three CRA reviews found a taxpayer couldn't claim CRB based on income from an Airbnb rental. Here's what a Tax Court judge said. → Read More
Massive TFSA recontribution mistake puts taxpayer in CRA's crosshairs
An "honest mistake" caused a massive overcontribution of $112,000 to a taxpayer's TFSA, and the CRA charged penalties. Find out more. → Read More
11 tax changes and new rules that will affect your finances in 2023
Many of the important tax figures in Canada have been substantially increased for 2023. Find out more. → Read More
CRA tries to catch taxpayer who made an incorrect TFSA catch-up contribution
The CRA charged a taxpayer penalties for a TFSA overcontribution and refused to provide relief, but a judge sided with the taxpayer. Read on. → Read More
Five ways to take advantage of tax benefits when donating to charity
Here are five things to consider before Dec. 31 to make the most, tax-wise, of your charitable donations in 2022. Find out more. → Read More
Paying taxes in instalments can bring trouble with the CRA if you make this mistake
Choosing the wrong CRA tax instalment payment option can lead to arrears interest and even instalment penalties. Find out more. → Read More
December is the time to check your RESP withdrawal strategy to help cut any taxes
If you’re strategic in the timing and amounts of RESP withdrawals, you may be able to get all the funds out of the plan tax free. Read on. → Read More
Here's what you need to know to get Canada's new dental benefit and housing top-up
To receive benefit payments, you must have filed a 2021 tax return with the CRA, writes Jamie Golombek. Find out more. → Read More
The CRA is already challenging real estate transactions ahead of new anti-flipping rules
New CRA rules on real estate flipping come into effect starting Jan. 1, but the taxman is already challenging some deals. Read on. → Read More
New anti-flipping real estate rules are coming, but the CRA is already challenging some transactions
New CRA rules on real estate flipping come into effect starting Jan. 1, but the taxman is already challenging some deals. Read on. → Read More
If you disagree with a CRA assessment, make sure you file an objection on time — or else
Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more. → Read More
If you disagree with a CRA ruling, make sure you file an objection on time — or else
Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more. → Read More
CRA denies taxpayer's costs of getting to work, but judge says taxman got it wrong
A taxpayer took the CRA to court over its denial of non-reimbursed travel reductions and won, writes Jamie Golombek. Here's what happened. → Read More
CRA says T4 slips insufficient proof of income for CRB eligibility and judge agrees
A taxpayer said CRA should have accepted T4 as proof of eligibility for CRB, but a judge did not agree, writes Jamie Golombek. Read more. → Read More
Getting a head start on tax-loss selling? Keep these five things in mind
In tax-loss selling, beware the superficial loss rule along with currency implications, writes Jamie Golombek. Find out more. → Read More