New Consultations: Modernizing Tax Rules for Charities

As the last remnants of a scrumptious Thanksgiving weekend subside, it is appropriate to take a look at the health and issues surrounding the charitable sector in Canada.  Serendipitously, the federal government is seeking your views on how the tax rules for registered charities and the Canada Revenue Agency’s (CRA) administration of these rules could be modernized.  A new consultation was launched on October 8 and here’s what the government wants to know, by December 3, 2026:

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.  

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.