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.

This powerful calculator links your client’s trigger questions: about life events, financial events and economic events with changes needed to get the financial results needed now and in the future.

Economists are calling the New Year’s cliffhanger a step in the right direction. When U.S. President Obama signed the bill that avoided the so-called “fiscal cliff,” it quieted the concerns of many American taxpayers.

“Take-charge” taxpayers preparing for their annual income-tax filing will want to take a look at this year’s T1 Income Tax and Benefits return, available online.

Jacks to launch her 49th and 50th books, Jacks on Tax, Your Do‐It‐Yourself Guide to Filing Taxes Online and Essential Tax Facts: Secrets and Strategies for Take‐Charge People on Jan. 15 at 7:45 AM at the Albany Club in Toronto.

Knowledge Bureau Report readers are a disciplined bunch. Only one in four felt the pressure to overspend during the holiday season.

A taxpayer’s failure to have its waiver of appeal set aside reaffirms that validly negotiated settlements between taxpayers and the Canada Revenue Agency (CRA) are not to be questioned by the courts.