Q4 - Indexation of OAS and Prescribed Interest Rates

Two pieces of good news for the last quarter of 2026: seniors will get a small raise, but prescribed interest rates at CRA will stay steady for the last quarter of 2026. Here’s what you need to integrate into your year end planning activities.

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.

“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.

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 Report readers are a disciplined bunch. Only one in four felt the pressure to overspend during the holiday season.

A taxpayer’s failure to have its waiver of appeal set aside reaffirms that validly negotiated settlements between taxpayers and the Canada Revenue Agency (CRA) are not to be questioned by the courts.

No, in fact, the Tax Filing Due Date can vary.