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:

Avoid These Common Tax Filing Mistakes

Canadians love tax refunds, but hate rounding up the paperwork to do the return. That’s where common tax filing errors really begin.

Time to Increase Exposure to Stocks?

Be very careful about blanket advice.

Recognizing Tax Exempt Income

The best kind of income is the tax free kind, and indeed, several sources exist. 

Payroll Process Changes in a Paperless World

CRA form PD7A, Statement of Account for Current Source Deductions, along with the accompanying worksheet is the latest CRA form to move to the electronic age.

Lifestyle Column: 10 Neat Things

This week: 10 neat things about Dutch elm disease.

People in the News: Spotlight on Knowledge Bureau Faculty

Knowledge Bureau faculty members Pat Foran and Alan Rowell were recently in spotlight giving some timely tax season tips.
 
 
 
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
    7.25%
  • No
    64 votes
    92.75%