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New CRA Requirements for Reporting Property Sales

April 21, 2018 All Health Lifestyle Taxes

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Find out what the new rules are and the penalties for not reporting properly!

Join Faisal on More Than Money this Saturday for an info-packed show covering taxes, going back to work in retirement, the quality of long term care in Alberta, and an important reason to review the way your family manages finances.

The CRA has new requirements about reporting the sale of your home. Nizam Shajani, CPA, CA and Senior Partner at Shajani LLP Chartered Professional Accountants, joins the show to share what those rules are, how to make sure you are reporting properly, and what the penalties could be if you don’t.

Also, don’t miss Sharon Numerow, Certified Divorce Financial Analyst at Alberta Divorce Finances, as she shares some of the issues that arise in families if only one person takes care of the finances. She and Faisal also discuss the financial impact of divorce after 50.

And Andrew Neuner, CEO at the Health Quality Council of Alberta, joins Faisal to share the results of a new survey about long-term care in the province.

 

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