New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

A recent decision of the Tax Court of Canada serves as a caution to taxpayers who appeal their reassessments on feeble or fabricated grounds: parties who do so may face costly consequences.

One of the most common yet most missed provisions on the personal tax return is medical expenses, and in an aging demographic, they are more prevalent. 

After a relationship breakdown, there are some general rules on who claims in sole or joint custody cases.

Are you considering jointly owning property to rent with one or more other people? Before doing so, it’s important to consider the structure of your ownership agreement.

Bill Bishop brings his unique insight on sales strategies to the 2014 Distinguished Advisor Conference as part of The Next BIG Idea: How To Sell A Lobster.

Featuring course development and direction by Canada’s most trusted tax and financial educator, Evelyn Jacks and a team of outstanding tax professionals with decades of experience in teaching tens of thousands of tax professionals.