Now available: Ernst & Young’s Guide to Preparing 2007 Personal Tax Returns

Ernst & Young smoothes out crunch-time bumps for Canadian tax professionals with an updated version of their annual tome on personal tax returns: Ernst & Young’s Guide to Preparing 2007 Personal Tax Returns. This year’s edition is filled with updates on new rules and hot topics, including:

• pension income splitting
• eliminating capital gains on gifts of public company shares to private foundations
• RESP rule changes
• increased capital gain deduction limits for small business shares and farming/fishing property

“This is such a busy time of year,” notes Gena Katz, tax executive director at Ernst & Young. “This guide saves you time by collecting the newest updates and comprehensive guidelines in one easy-to-use resource.” Ernst & Young’s Guide to Preparing 2007 Personal Tax Returns is published by the Canadian Institute of Chartered Accountants each year. The guide is available in both print and online editions. The print edition includes a reference CD that contains a searchable version of the book, along with all referenced source materials. The Internet edition reproduces all materials in the print edition and links to more than 50,000 cross-referenced documents, thousands of CRA rulings and cases, legislative references and Department of Finance explanatory notes.

To order a copy of Ernst & Young’s Guide to Preparing 2007 Personal Tax Returns, go to knotia.ca/store/07t1eypr