News Room

Pre-Budget Consultations Now Underway!

Pre-budget consultations are now underway for this fall’s Federal Budget and Canadians are invited to share their views with Finance Minister Francois-Philippe Champagne through an online survey. Over the next several weeks, the Finance Minister and his team will meet with various stakeholder groups and review public submissions before finalizing the budget.

Toothache? Backpain? See Your Doctors as Part of Year-End Planning

Got a toothache? Need more prescriptions? When you move up your medical appointments to before year-end, you may also increase your tax refund. That makes a visit to your dentist, eye doctor, or medical doctor a tax wise strategy at year-end.

Evelyn Jacks: Looking Back – and Forward on Innovation in Tax

I am excited about our upcoming national workshop tours with Cameron Peters, President of Trilogy Software, Larry Frostiak, FCA, and Alan Rowell, MFA, DFA-Tax Services Specialist.

TFSAs: A Part of Sound Year-End Planning

With year-end tax planning now in our thoughts, one investment option to consider is the Tax Free Savings Account (TFSA). 

Income After Death

What happens with income earned after death? Most payments received by the deceased after death will have to be returned.

How much of my training costs can I claim as a business deduction?

Training costs will not be deductible if they are considered to be “capital” in nature—that is, if they result in a lasting benefit to the taxpayer.

Review Disability Tax Credit Forms with Doctors

The Disability Tax Credit is lucrative—be sure to take the time to review the Disability Tax Credit Certificate (Form T2201) with your doctor.
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    7 votes
    6.73%
  • No
    97 votes
    93.27%