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.

Evelyn Jacks: “Fiscal cliff” has immediate implications

The U.S. is fast approaching its “fiscal cliff” and how it resolves that challenge has implications for Canada and the world.

The law determines judges’ decisions

A recent Tax Court of Canada (TCC) decision shows that, despite personal feelings of sympathy, judges must follow the letter of the law.

Tax preparers and filing electronically

As of January 2013, tax preparers who receive payment to prepare more than 10 income tax returns in a year will be required to file those returns electronically.

Improving cross-border tax compliance

Canada and the United States are working toward improved cross-border tax compliance.

News from Tax Court: Crown appeals Guindon

The Crown has appealed a recent Tax Court of Canada (TCC) decision that ruled penalties were criminal in nature, not civil. If the ruling is upheld, advisors will come under increased scrutiny.
 
 
 
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
    358 votes
    70.75%
  • No
    148 votes
    29.25%