News Room

AUTHREP Changed July 15

Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.

The CRA Makes It Easier for SR&ED Claimants

The Canada Revenue Agency (CRA) is making it easier for corporate taxpayers to determine if they qualify for the Scientific Research and Experimental Development (SR&ED) tax incentive program.

Evelyn Jacks: Who is Required to File a Tax Return?

Do you have to file an income tax return this year — or can you just skip it for once?

Quell Uncertainty with an Advance Ruling

Advance income tax rulings can be a useful tool in business and personal wealth planning because they provide certainty and confidence.

What Happens to Joint Subscribers When an RESP is Terminated?

What happens with accumulated income payments from a Registered Education Saving Plan (RESP) when the plan is a joint plan?

Reduced Net Income Pays Off in Spades

Keep an eye on net income, Line 236 of your T1 return. It’s one of the most important lines because of its impact on the size of your refundable and non-refundable tax credits. 

Lifestyle Column: 10 Neat Things

This week: 10 neat things about blue jays
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    357 votes
    70.69%
  • No
    148 votes
    29.31%