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.Housing Risk Tops Bank of Canada Concerns
In the semi-annual Financial System Review (FSR), the Bank of Canada recently released an enhanced framework for gauging the risks to financial stability.
Third Quarter Interest Rates and PLOI
On June 12, 2014 CRA announced the prescribed interest rates for the 3rd quarter of 2014 (July to September) will remain unchanged from the 2nd quarter.
The Folly of Feeble Tax Appeals
A recent decision of the Tax Court of Canada serves as a caution to taxpayers who appeal their reassessments on feeble or fabricated grounds: parties who do so may face costly consequences.
Evelyn Jacks: Illness is Expensive; Tax Savings Can Help
One of the most common yet most missed provisions on the personal tax return is medical expenses, and in an aging demographic, they are more prevalent.
Relationship Breakdown: Claiming Non-Refundable Tax Credits
After a relationship breakdown, there are some general rules on who claims in sole or joint custody cases.
Rental Property: Capital Cost Allowance and Multiple Owners
Are you considering jointly owning property to rent with one or more other people? Before doing so, it’s important to consider the structure of your ownership agreement.
