News Room

Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

Just How Long Do You Have To Keep Those Tax Receipts?

Glad to have another tax season behind you? Don’t be so quick to throw out your tax files!

Odds Are Good For Starting Your Own Business

Thinking of making a big change in your career path?  Maybe it’s time to take control and be your own boss? 

Self-Employment:  The New Retirement Trend?

Does anyone really need to retire anymore? 

Manitoba Tables Deficit Budget

The 2015 Manitoba provincial budget was delivered on April 30, 2015. 

Newfoundland Joins the “Tax the Rich” Movement

The 2015 Newfoundland and Labrador provincial budget was presented on April 30, 2015. 

Readiness Planning for Physician Assisted Suicide

Since the last time the Supreme Court of Canada (SCC) visited the issue in Rodriguez (1993), doctor-assisted suicide has been legalized in eight other countries around the world.  
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    4 votes
    6.15%
  • No
    61 votes
    93.85%