Podcast: Automatic Tax Filing - Will It Work?

Last week Taxpayers' Ombudsperson François Boileau  tabled his annual report:  In Pursuit of Better Service: Taxpayers Deserve More.  once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years.  Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution.  A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive.  Consider the following:

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

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.

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.

It is becoming easier to understand and invest in scholarship plans, thanks to new, enhanced disclosure requirements.

The Canada Revenue Agency (CRA) seems to think it cost less to operate a vehicle in Canada in 2012 than in 2011.

The Canada Revenue Agency (CRA) has proved once again: there is no escaping your responsibility to pay income taxes.