CRA Data Breeches Put Taxpayer Information at Risk
An important deadline is coming up, around the same time that Canadians get ready to file their 2026 tax returns at the start of tax season 2027. Since 2020, more than 42,000 data breaches have occurred at the CRA. A class action lawsuit was launched in 2020 and a $8.76 million settlement was reached. Eligible Canadians affected by these security incidents can now submit claims through the KPMG Claims Portal until February 3, 2027.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.
Build a Long-Term and Intergenerational Connection to Your Client and Their Family
Know the pros and cons of all possible solutions for wealth and succession and estate planning in order to discuss options with your clients. Enrol in Use of Trusts in Tax and Estate Planning by October 30 and save $200 on tuition fees.
