Coming This Month: Changes to Business Registration Online
More changes are coming to how your clients will access Business Registration Online (BRO). Starting July 14, 2026, the Canada Revenue Agency (CRA) your business clients will only be able to access BRO through their CRA account. As usual, it’s the taxpayer who is responsible for on time remittances and the burden of proof in an increasingly digital relationship with CRA. Here’s what you need to know:Real Tax News: Listen to Something Thought Provoking!
Looking for something intellectually stimulating to listen to this Canada Day? Ten new episodes of Real Tax News with Evelyn Jacks and Friends is now streaming. Season 2 features special guests and topics that bring tax and economic trends to life to help you and your clients start new conversations about how tax policy affects investments, demographics, business ownership and succession and retirement. Here’s the storyboard for your listening pleasure:
Training for Tax Season 2027
Want to learn more about providing professional tax services in your community? Train new team members to meet the demand for tax season 2027? Check out the DMA-Personal Tax Services Specialist Program. This is an industry-recognized professional credential designed to help tax professionals, seasonal preparers, and financial advisors master the complexities of personal tax preparation and planning. It is ideal for:
June 30 Tax Deadline is Looming for Non-Residents
An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:
Good News: Canadians Are Millionaires!
According to a June report from TD Economics, Canadians’ net worth rose to over $1 million per household in 2025, which is a new record and an increase of 5.3% over 2024. How is this possible when the housing and labor markets are soft and some are swooning over the real costs of high inflation? The answer lies in the investments Canadians are holding and, by extension, in their relationships with the right financial advisors. What has changed?
Tuition Fees Eligible for RRSP LLP Withdrawals
Are your tuition fees for summer school eligible for RRSP Lifelong Learning Plan (LLP) withdrawals? It’s an important question especially if you are looking for funding for your professional training this year. A tax free withdrawal from your RRSP can be made, provided, however, that you follow the 10 year repayment rules and organize your study time to qualify. Here’s what you need to know:
