The CRA TSlip Saga: An Update
This tax season has been particularly challenging for both taxpayers and tax professionals. The Canada Revenue Agency (CRA) provides tax information slips—such as T3, T4, T5, and their variations—through secure online portals: My Account and Represent a Client (RAC). This year, there were lots of problems with these portals, and now, it appears, CRA is not being quite transparent about when the slips were actually visible to clients and that doesn’t seem fair. Here’s an update on where we stand now.Extension of the Electronic Filing Season
As part of its ongoing efforts to improve electronic filing processes, the Canada Revenue Agency (CRA) is pleased to announce the extension of the electronic filing season for 2012 T1 tax returns.
Is a Loss on My Personal Residence Deductible?
What are the tax consequences when you sell your home, a personal use property, for a loss or make a bundle on grandma’s antique silver goblets, a listed personal use property? Here are the rules.
Why Tax Pros Are Worth Their Salt – Part II
A follow-up on excellence at CRA. MFA, DFA-Tax Services Specialist, Alan Rowell, reporting.
Hear Their Stories: More Than Pretty Darn Good
If you haven’t yet read Malcolm Gladwell’s Outliers: The Story of Success, we highly recommend it. In it you’ll learn about the magic number for greatness: 10,000 hours of hard practice.
Who Is An Employee?
When it comes to tax preparation, it’s important to clearly understand the definition of employed vs. self-employed.
Knowledge Bureau Is Growing
Knowledge Bureau is seeking to fill the position of Inbound Sales Coordinator/ Reception. For more information visit our Careers page.
