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:

Disability Awareness: Non-Refundable Tax Credits

Our Disability Awareness series concludes this week with a look at non-refundable tax credits that can be claimed on the tax return. These articles are excerpted from Jacks on Tax, by Evelyn Jacks.

Financial Educator: Eligibility for Claiming Disability Supports

The disabled who incur expenses of an attendant or other disability supports purchased in order to earn employment or self-employment income or to pursue education, can claim the costs of Disability Supports on Line 215 so long as the expenses were not reimbursed.

Knowledge Bureau Author David Christianson Named Fellow of FPSC

Congratulations to David Christianson, Vice-President of National Bank Financial Wealth Management, on achieving his recent distinction as Fellow of FPSC.

Knowledge Bureau Takes a Break August 1-5

Knowledge Bureau will be closed August 1 to August 5 for summer holidays. Online course registration will be available throughout this time. Be sure to register by July 31 to begin your second Summer School session August 6.

DAC 2013: John Poyser – Preservation: It’s About the Crystal Ball

Why have the financial and legal advisory communities done such a poor job of committing their clients to a deep and effective estate planning process?  

Act as Power of Attorney for a Loved One with Confidence

You, like millions of others, may have to handle financial affairs for a loved one at some stage or another. You may already be doing so. One way or the other, you have an important responsibility. Join us in Calgary for Attorney School, August 30, 2013 for only $99.
 
 
 
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
    7.46%
  • No
    62 votes
    92.54%