Practical, real-world information about wills, estates, inheritance, executors, and elder law in Canada
Friday, August 9, 2013
POA compensation - have you reported yours to CRA?
Posted by
Lynne Butler, BA LLB
Here is some excellent advice from Ontario lawyer Donna Neff for people who act under an Enduring Power of Attorney (also known as Power of Attorney for Property). Read this article to find out what you should be reporting to Canada Revenue Agency if you have been receiving payment for your role as POA, or if you plan to receive payment for it in the future. Click here to read the article.
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