What’s New In Tax?

  H ere is a summary of some recent income tax—and some non-income tax—changes.     Investors • Safety Deposit Box Fees Fees paid in 2014 and subsequent years are no longer tax deductible. • Tax form T1135 “Foreign Income Verification Statement” This tax form is completed when a taxpayer holds certain foreign assets with an aggregate tax cost of over $100,000 at any time in a year....