Seniors Targeted? The Tax Audits Begin
The Canada Revenue Agency (CRA) routinely reviews or audits tax filings, including personal, trust, corporate, and HST returns. The most common types of reviews that focus on personal tax returns include, but are not limited to, Pre-Assessment Reviews, Processing Reviews, and the Matching Program. This year there is a new focus: the Multigenerational Home Renovation Tax Credit introduced to help families better care for their elders. But claiming it, like other tax benefits, comes with a tax snare. Read on to learn more.Knowledge Bureau Designate Highlight: Sharon Timson
Join Knowledge Bureau in congratulating Sharon Timson in achieving her DFA – Tax Services Specialist™ Designation.
No More Paper Refund Cheques?
With a target date of April 2016, CRA is moving closer to the elimination of cheques and manual payments and towards full electronic banking for businesses.
EverGreen Explanatory Notes have been updated!
Have you noticed EverGreen Explanatory Notes have been updated?
Mark Your Calendar: Personal Tax Bootcamp - RSVP by Dec. 15
Sign up before December 15 to secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
Give The Gift Of Time: It’s Precious
It seems to sneak up on us every year: the Christmas Holiday season. Regardless of how you celebrate, it is a time to reflect, count your blessings, give, and re-evaluate how you will use your precious resources of time and money in the new year.
