No More Sworn Testimony, But Audits Are Still Stress Inducing

“That” Phrase: it’s one no taxpayer wants to hear – digitally or otherwise. “You’re being audited.” If you’ve had to deliver that news you’ll know that the reaction can range from indignity to shock to panic. Based on the latest piece of legislation before Parliament, you might have to tell more of your clients to buckle up, it’s going to be a bumpy ride. CRA will now have greater powers. Consider this:

On January 17, Canada lost a great philosopher and keen observer of Canadian Income Tax System. 

Over the next few weeks I am going to feature some tax tips for you to consider with your clients. 

Wendy Pashulka from Airdrie, Alberta said she would definately recommend the T1 Professional Tax Preparation-Basic course.

With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.

Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.

Federal Finance Minister Joe Oliver is seeking input on a number of key issues for the 2015 Economic Action Plan.