Record Number of Tax Returns Filed in 2026

It looks like tax season 2026 could be the biggest one we’ve seen in the history of filing in Canada, proving once more that Canadians are extremely tax compliant and that filing a personal tax return is the most important triggers for long term wealth planning in this country. But there is a shortage of qualified people and now is the time to do something about that before tax season 2027.

Substantial tax reform has recently changed the rules for post-death planning for high net worth families.  

New Liskeard, Ontario’s Collette Maurice recently completed the T1 Professional Tax Preparation – Basic course to obtain a better understanding on completing basic tax returns.

Controversy has erupted in the news this week over the potential lost government revenues 50 years from now, due to the prospect of doubling of Tax Free Savings Account (TFSA) limits in the future. 

Never under-estimate the blinding power of new love or the obligations to a scorned ex-wife. . .even after death. 

What does an employer do if over deductions are discovered?

When working with your clients, remember that you are their trusted advisors and know more about their financial affairs than their family and friends.