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:

Overtime Meals and Allowances Tax-Free Benefit

If an employer provides overtime meals or an allowance as an employment perk, there are three conditions that must all be met to in order to ensure that benefit is not taxable.

Designate Spotlight – Kareen Rekowski, MFA

Knowledge Bureau is pleased to spotlight Kareen Rekowski, a recent MFA designate graduate with honours achievement. Hear her story...

Well-Rounded Learning for Best Tax Season Preparation

Take a blended-learning approach to preparing you and your staff for the upcoming tax season with our Personal Tax Bootcamp. Learn live as our noted experts walk you through a comprehensive update and refresher, then augment that learning with post-session case study work from the T1 Professional Tax Preparation – Advanced course and earn up to 30 CE/CPD credits!

Get the Facts with Jacks on Tax

Are the “do-it-yourselfers” in your circle leaving money on the table because they don’t know their tax filing rights? This easy-to-read guide will give them the details behind the lines as they electronically prepare and file their individual or family 2013 tax returns. Available December 15, the best-selling Jacks on Tax: 2014 Edition will make a great gift!

Master T2 Preparation for Micro Businesses

Accurately prepare T2 corporate returns for your small business clients, ensuring tax is minimized and planning opportunities are identified on a timely basis. Enrol in the new course, T2 Corporate Tax Preparation for Micro Businesses, by December 18 and save $200 on tax deductible tuition fees.

The Best Reference Tool You’ll Need for the Upcoming Tax Season

Get the answers to your clients' tax questions easily and quickly with EverGreen Explanatory Notes – your ever-current research library, updated with the latest information and changes weekly! Take a test drive with a free demo today.
 
 
 
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%