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. 

Featured Course: Introduction to Personal Tax Preparation Services

Sharpen your knowledge and access the tools you need to ace your tax preparation — free trial available!

Featured Book: Essential Tax Facts

Learn effective and practical money-saving strategies! KBR readers receive $5 off if they order before January 21.

Featured Tool: Financial Assessment Calculator

This powerful calculator links your client’s trigger questions: about life events, financial events and economic events with changes needed to get the financial results needed now and in the future.

Consequences of taxing the rich

Economists are calling the New Year’s cliffhanger a step in the right direction. When U.S. President Obama signed the bill that avoided the so-called “fiscal cliff,” it quieted the concerns of many American taxpayers.

Evelyn Jacks: New tax return features new tax credits

“Take-charge” taxpayers preparing for their annual income-tax filing will want to take a look at this year’s T1 Income Tax and Benefits return, available online.

News Release: New Books from Evelyn Jacks Help Online Filers and “Take-Charge” People

Jacks to launch her 49th and 50th books, Jacks on Tax, Your Do‐It‐Yourself Guide to Filing Taxes Online and Essential Tax Facts: Secrets and Strategies for Take‐Charge People on Jan. 15 at 7:45 AM at the Albany Club in Toronto.
 
 
 
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
    8.75%
  • No
    73 votes
    91.25%