News Room

Changes to Paper Filing Disempowering

Last tax season, only 7% of all Canadian tax filers filed on paper. The CRA is pushing for zero. It continues to steer the holdouts to digitized filing by adding lots of obstacles. Most recently, it is removing almost all the schedules from the tax return package it mails. This seems unfair to people who paper file because they can’t afford a computer and internet, distrust the security of online filing and those who are neither tax or computer literate. Here’s what they are up against:

Are RSP Contributions Always the Right Answer? It Depends…

RSP contributions are a great way to save for your retirement, but the trick is to use them correctly. Kevin Gebert, MFA designate and financial advisor, weighs in with his opinion.

Preserve Your Appeal Rights

You are in a relationship with the CRA, so you need to know some key parameters.

Lifestyle Column: 10 Neat Things

This week: 10 neat things about freeze up.

Featured Book: Financial Recovery in a Fragile World

Learn how to embrace and improve your personal and family net worth in a time of great change. You'll be well postitioned to benefit from opportunites in the new financial world evolving around you. Order by Feb. 25 and receive $5 off.

Featured Course: Debt and Cash Flow Management – FREE TRIAL!

Strengthen your relationships with clients who are contemplating taking on debt or is struggling with debt by learning how to help them set realistic expectations, give them actions to focus on, and keep them on track. Try the Free Trial!

Featured Tool: Donations Savings Calculator

Help your clients determine the tax savings (and therefore the after-tax cost) of their charitable donations.
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    58 votes
    86.57%
  • No
    9 votes
    13.43%