Podcast: Automatic Tax Filing - Will It Work?
Last week Taxpayers' Ombudsperson François Boileau tabled his annual report: In Pursuit of Better Service: Taxpayers Deserve More. once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years. Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution. A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive. Consider the following:Support for Children
For all agreements or court orders after May 1997, child support payments are not taxable to the recipient or deductible by the payor. For income tax purposes, any support stipulated in an agreement or court order is deemed to be child support if it is not identified as spousal support.
RRSP Payment as Pension Income
When is an RRSP payment considered to be a pension for the purposes of completing public insurance, nursing home per-diems and other application forms?
Master Your Retirement: Follow the Ebbs and Flows
Surprise: there is nothing magical that happens when you enter retirement to suddenly make you immune to the trials and tribulations of everyday life. The sooner you acknowledge this, the closer you are to “Mastering Your Retirement.”
Build and Sustain Secure, Value-Added Client Relationships
Death is one certainty in life that most of us prefer not to think about. But if you recognize that exploring your clients' tax strategies to avoid tax erosion at death will increase the legacy passed on to family and community, specialize in this hot topic by enroling in Final Returns on Death of a Taxpayer.
Be EverGreen for St. Paddy’s Day
Find the luck of the Irish with our EverGreen St. Paddy's Day special! Buy a 3-month EverGreen Explanatory Notes subscription ($199) and receive a FREE 3-month Calculators subscription ($249 value!). The luck runs out March 17!
Support Winn$tock by Donating
Join Knowledge Bureau, sponsor of Winn$tock 2014, in helping to raise $100,000 in support of The Movement Centre of Manitoba.
