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.
Over the summer, Knowledge Bureau will be taking an in depth look at the use of trusts in family wealth planning. An introduction to the topic begins the series.
For the 2013 and future tax years, CRA will be allowed to collect up to 50% of the taxes they think are owing as a result of your participation in the scheme, even if you decide to file a Notice of Objection.
George Hartman brings his expertise on advisor business succession planning and exit strategies to the 2014 Distinguished Advisor Conference as part of Business Valuation: Succession Plans vs. Exit Strategies.
Grab a book or two (or more!) this summer and expand your financial acumen. We have some great recommendations that will be satisfying reads whether you're on a road trip, at the lake, or stay-cationing at home.
Expand your practice and career with cross border taxation planning knowledge and cater to an affluent, multi-jurisdictional baby boomer demographic. Make Cross Border Taxation part of your summer studies. Try a free trial!
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?