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:The Rising Costs of Elder Care: Tax Relief Helps
According to Statistics Canada, falls by seniors are the leading cause of injury-related hospitalizations in Canada. CBC reports that the number of Canadian seniors requiring continuing care will rise by 71 percent by 2026, adding more pressure to an over-burdened healthcare sector, and increased financial pressure on family and volunteer caregivers. Planning and proactivity can help at tax time.
Job Opportunity at The Accounting Place: Tax Accountant Needed
The Accounting Place, located in Stoney Creek, Ontario, is looking to fill the position of Tax Accountant, and offering competitive rates. As a Knowledge Bureau Report subscriber, and member of our extended network, we wanted to bring this opportunity to your attention. Are you looking for a new job in a great industry or do you know someone who is? Check this out:
Ethics and Leadership: When Social Mores Change
Watching the antics of various leaders in the news these days, it’s clear the challenges of leadership are always on display. Leadership, ultimately is about followers, and ethical leadership is enduring. Exactly how do great leaders develop their leadership styles, and do the right things in periods of great change and much distraction?
Frenzied Taxpayers; Calm & Professional Responses
It’s not too late: a few spots are left for the January Advanced Tax Update. This CE Summit is Canada’s best and most comprehensive personal tax update seminar and it comes with significant resources to make tax season easier for you.
Informed Advice: Compelling Reasons to Consult on Business Growth and Transition
Canada has one of the largest projected demographic decreases in the OECD countries. As the oldest members of the baby boom generation are now reaching retirement age, Canada has passed a “demographic tipping point,” according to Finance Canada’s December 22, 2017, Update of Long-Term Fiscal Projections. This social sea change brings about a hot new trend in business consulting: accounting for business growth and transition.
New Essential Tax Facts: Canada Caregiver Credit
Did you know that starting in the 2017 tax year, the federal government has introduced a new Canada Caregiver Credit (CCC)? It replaces the Family Caregiver Tax Credit, the Caregiver Tax Credit, and the Credit for Infirm Dependants. But, it’s complicated! Here, in our first tax tip of the new 2018 tax filing season, we offer you a few details:
