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:EverGreen Explanatory Notes have been updated!
Have you noticed EverGreen Explanatory Notes have been updated?
Mark Your Calendar: Personal Tax Bootcamp - RSVP by Dec. 15
Sign up before December 15 to secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
Give The Gift Of Time: It’s Precious
It seems to sneak up on us every year: the Christmas Holiday season. Regardless of how you celebrate, it is a time to reflect, count your blessings, give, and re-evaluate how you will use your precious resources of time and money in the new year.
Knowledge Bureau Designate Highlight: Michelle Smith
Grow your business with the DFA - Bookkeeping Specialist™ Designation.
Review Changes Before Finalizing T Slips
While the March 2nd 2015 deadline for filing T4 slips is still some time away, CRA released publication RC4120-Employers’ Guide – Filing the T4 Slip and Summary on November 21, 2014.
Structure Your Estate For All Instances Or Courts Will
Is your estate planning up to date so that your final wishes will indeed be carried out? If not, things may not pan out, as the courts take matters into their own hands.
