News Room

Claiming Medical Expenses: Free Healthcare?

Free Health Care? Did you know that Canadians spend on average more than $1,000 on medical expenses each year? It’s estimated that government programs, via our taxes, cover about 72% of medical expenses, which means that we pay for the rest. Your clients may be over-paying on their taxes because they don’t know about medical expense deductions. 

Lifestyle Column: 10 Neat Things

This week: 10 neat things about birds.

Featured Course: Introduction to Corporate Tax Preparation

Prepare corporate income tax returns with confidence in the process and your skills. Learn how to understand the businesses issues and tax options that underlie the taxation of corporate income, so the return can be prepared accurately – minimizing tax and identifying planning opportunities on a timely basis.  

Featured Book: Managing the Bull

Detect and Deflect the Crap: A no-nonsense approach to personal finances. KBR readers receive $5 off if they order before January 28.

Featured Tool: Take Home Pay Calculator

One of the key issues for employees considering a new job is the take home pay for the position, especially if the job is in a different province. This calculator provides an estimate of the take home pay based on salary, exemptions, deductions and province of residence.

Time to invest in Canada

If Canada is to maintain its leading position, we need to be less reliant on credit-financed household spending and more geared to exports, investment and innovation, says Tiff Macklem.

Enhanced disclosure for scholarship plans

It is becoming easier to understand and invest in scholarship plans, thanks to new, enhanced disclosure requirements.
 
 
 
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
    7 votes
    9.21%
  • No
    69 votes
    90.79%