The Tax Chick Podcast
Tax is complex, but it does not always have to be so complicated and shrouded in mystery. Host Amanda Doucette is a self-proclaimed foodie, spin class and Pilates enthusiast, and a tax lawyer. She fell into the practice of tax law despite having a life-long hatred of spreadsheets, math and numbers in general. Join Amanda and her guests as they unpack some serious Canadian tax topics and attempt to demystify the world of tax.
Show episodes
So you finished your estate planning... but do you have a Power of Attorney? Check out this mini-episode for details on: - What is a power of attorney? (2:13) - When should you consider having more than one power of attorney? (4:00) - How do you choose who to appoint as your power of attorney? (6:05) - What are some ti
Musings of a Tax Chick - Practical issues to consider on the death of the 1st spouse
So often when completing our estate planning, we focus on what will happen when the last spouse dies. But what about after the death of the first spouse? In this episode, I outline some key planning considerations to keep in mind on the death of the first spouse, including: cash flow planning, access to credit, and p
Musings of a Tax Chick - Non-arm's Length Transfers and s. 160 of the Income Tax Act
Switching it up today and chatting about a very specific section of the Income Tax Act... s. 160. This section can be used to assess one person for the tax debts of another person... it is typically applied between spouses and/or between parents and children. However, some recent case law has resurrected a discussion
Musings of a Tax Chick - Unpacking Canada Revenue Agency's Informal Disclosure Guidelines
A recent LinkedIn post of mine sparked some great informal discussion about responding to CRA "proposal" letters. So, it seemed like a great topic to chat about on the pod! Do you know what information/documentation you can obtain through informal disclosure with CRA? Check out this episode to learn more about:What i
In this episode, I am diving into the must-have documentation you need to gather before tackling tax season. Whether you’re filing on your own or working with a professional, this episode will help you organize everything you need to make tax time a breeze. Tune in for tips on what documents to collect, how to stay org
You’ve filed your taxes—great job! But the work isn’t quite over yet. In this episode, I'm walking you through the essential steps you need to take after submitting your taxes. From saving and reviewing your Notice of Assessment to paying any taxes owed, and some tips on how to update your financial records and prepare