News Room

The CRA TSlip Saga: An Update

This tax season has been particularly challenging for both taxpayers and tax professionals. The Canada Revenue Agency (CRA) provides tax information slips—such as T3, T4, T5, and their variations—through secure online portals: My Account and Represent a Client (RAC). This year, there were lots of problems with these portals, and now, it appears, CRA is not being quite transparent about when the slips were actually visible to clients and that doesn’t seem fair. Here’s an update on where we stand now.

UN Takes Issue With Rules In Canadian Income Tax Act

Is the federal government silencing human rights organizations and advocacy groups through restrictive provisions in the Income Tax Act?

Tax Tip: Deducting Political Contributions

Elections bring with them important opportunities to discuss Canada’s future social, economic and tax policies. So, it’s appropriate to go back to “tax school” to find out the tax consequences of making political contributions.

Government Messaging On UCCB Cheques Incomplete

It’s too bad the messaging that came with the increased Universal Child Care Benefit (UCCB) was incomplete when the lump-sum bonuses were distributed on July 20. 

Andy Fisher, Partner At Farber Financial Group, On The Need For Professional Networks

FOR IMMEDIATE RELEASE – Andy Fisher is a Partner in the Insolvency & Restructuring practice at Farber Financial Group and leads the firm’s Small Business Restructuring practice.

Cyber Crime Is Increasing: IIAC President Ian Russell Speaks at DAC

FOR IMMEDIATE RELEASE – Cyber threats know no boundaries. Cybercrime risks are increasing; however, risk awareness differs greatly. Cybercrime is not just for monetary gain but also for valuable information about individuals.

Tune in to KBR next week for our Academic Excellence Issue…

On August 12, make sure you check out our Academic Excellence Issue of Knowledge Bureau Report.
 
 
 
Knowledge Bureau Poll Question

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?

  • Yes
    11 votes
    61.11%
  • No
    7 votes
    38.89%