News Room

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:

New Course Released: Intermediate Tax Preparation

Keeping up-to-date on what’s new in tax and refreshing your skills in time for tax season is critical. Ensure your knowledge and tax skills are current with Intermediate Tax Preparation.

Worried About Your Financial Future?

If you want to have the most income today so you can do all the things you most want to do, have confidence and security knowing that you will never run out of money, and comfort in knowing that your portfolio won’t disappear due to normal market fluctuations, you need to read Master Your Retirement. Pre-order the new edition today!

Hone Your Bookkeeping Skills for a Variety of Businesses

Move your skills beyond basic transaction data entry to developing a complete set of books for a variety of different companies with Advanced Bookkeeping for Multiple Businesses.

Link Clients’ Trigger Questions to Financial Results

The Financial Assessment Calculator will help you assist your clients in making decisions about spending and saving to meet financial goals now and in the future.

THINK BIG! Find the Sweet Spots in Wealth Management

Our 11th annual Distinguished Advisor Conference will have us thinking BIG. Join us November 9-12 in beautiful Horseshoe Bay, Texas. Receive best rates on pre-registration when you reserve your spot by February 15.

Pre-Filing Audits: CRA Targets Tax Pro Errors

On January 17, 2014, CRA announced a new Registration of Tax Preparers Program (RTPP) under which it intends to have all tax practitioners register and be assigned a new PIN number so that CRA can target those with high error rates and intervene with “pre-assessment” visits to promote accuracy during tax season.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    7.58%
  • No
    61 votes
    92.42%