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:

Evelyn Jacks: Plan now to avoid overpaying annual taxes

Now is the time to do yearend tax planning — to ensure you do not pay more income taxes than necessary.

Time for reform of charitable donations?

The Canada Revenue Agency (CRA) is on the warpath over charitable gifting tax shelters. But is it time for a broader review of Canada’s charitable donation rules?

Statistics Canada’s newsletter for small and medium-sized businesses

To keep small and medium-sized business owners abreast of statistical news and trends, Statistics Canada publishes a monthly enewsletter.

New tax treaty to boost trade

A new tax treaty will increase trade and investment between Canada and Hong Kong.

Featured Book: Master Your Retirement

This book by Douglas V. Nelson says don't just 'do' retirement, master it! KBR readers get $5 off if you buy before Nov. 27 - and it makes a great stocking stuffer!

Featured Course: Debt & Cash Flow Management

Earn 30 CE Credits with this self-study, online course designed especially for financial advisors who want to specialize in helping clients develop strong personal net worth statements by managing debt and establishing a savings process.
 
 
 
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%