Podcast: Automatic Tax Filing - Will It Work?

Last week Taxpayers' Ombudsperson François Boileau  tabled his annual report:  In Pursuit of Better Service: Taxpayers Deserve More.  once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years.  Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution.  A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive.  Consider the following:

According to Industry Canada, as of December 2012, there were nearly 1.2 million small businesses in Canada (businesses with at least one employee on payroll). But many don’t make it—even though they were profitable at the time of closure. Tax and business services specialists can help these businesses survive.

After an eventful two weeks in global politics and economics, the theme for the 2017 Distinguished Advisor Conference (DAC) appears to be squarely on point: Financial Advice at the Crossroads of Change.

If your goal is to shore up your corporate tax preparation knowledge on preparing returns for professional corporations, you will want to enrol in this new online certificate course from Knowledge Bureau, which has a special focus on the needs of clients who are financial advisors and medical practitioners.

Knowledge Bureau’s Distinguished Advisor Workshop series for January 2017, focused on advanced personal tax update finished in Winnipeg, Manitoba on January 25th.  The team at Knowledge Bureau would like to extend our gratitude to all our students who attended - your participation makes this a success.

Confidence in Knowledge Leads to Expansion:  Joey LeBlanc, DFA - Tax Services Specialist™

“Far away there in the sunshine, are my highest aspirations. I may not reach them, but I can look up and see their beauty, believe in them, and try to follow where they lead.”  Louisa May Alcott