News Room

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:

Featured Course: Basic Bookkeeping

This insightful course has been newly updated! For those who want to learn the 'why' and 'how' behind helpful software tools- free trial available!

Featured Book: Jacks on Tax

Over 5 million Canadians submit their taxes online. This book by Evelyn Jacks is a must-read for the DIY tax-filer. KBR readers get $5 off if they order before December 3.

The rising cost of long-term care

As baby boomers age, long-term care will become a ballooning part of provincial health-care costs. Now is the time to plan for that eventuality.

Distinguished Advisor Conference: Forces shaping the future

On the final day of the 2012 Distinguished Advisor Conference Nov. 14, speakers looked at the forces shaping the future of investors and advisors.

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?
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    8 votes
    8.16%
  • No
    90 votes
    91.84%