Time’s Up: CRA’s 100 Day Mandate for Improvement
After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show.Major Banks to Assist Financially Vulnerable Canadians
Delivering on a promise made in the Economic Action Plan 2014, Finance Minister Joe Oliver announced that the Government of Canada secured voluntary commitments from the country’s eight largest banks to provide low-cost or no-cost bank accounts to low income Canadians by January 15, 2015.
Tax Court Provides Clarity on Harsh Provision
Judges are forced to apply the law as it reads, but fortunately for taxpayers there is sometimes room for interpretation.
Evelyn Jacks: Warm Holiday Counts as Reasonable Medical Expenses?
Should taxpayers be able to deduct travel expenses to warmer climates as medical expense tax credits (METCs) to alleviate pain and suffering?
How much can I claim for the Children’s Arts Amount?
Your refund can grow by up to $75 with this federal tax credit.
Medical Claims in the Year of Death
A special rule applies to claiming medical expenses when a taxpayer dies.
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