News Room

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:

Deadline in Ontario for retail sales tax rebates and refunds

If you qualify for a rebate or refund under Ontario’s Retail Sales Tax (RST) the deadline for applications is fast approaching.

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.
 
 
 
Knowledge Bureau Poll Question

In your view, should Canadians be able to write off more of their out-of-pocket medical expense costs? What amount would be appropriate?

  • Yes
    49 votes
    94.23%
  • No
    3 votes
    5.77%