News Room

Podcast: Automatic Tax Filing - Will It Work?

Last week Taxpayers' Ombudsperson François Boileau  tabled his annual report:  In Pursuit of Better Service: Taxpayers Deserve More.  once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years.  Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution.  A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive.  Consider the following:

Evelyn Jacks: Ontario Budget: Tax Planning is Critical for High Earners

Retroactive tax hikes hurt family financial plans and make it difficult for them to responsibly plan for their financial futures.

Estate Planning: Wills Variation – Is It Right to Change a Will?

You live your entire life working and accumulating wealth, and are able to do whatever you like with it during your lifetime – spend, invest it, grow it, preserve it or give it away.

FIRPTA and Capital Gains on the Sale of U.S. Real Estate

More and more Canadians are purchasing U.S. real estate for personal and/or rental use so this is a very important topic to understand before the purchase is made.

What is the Maximum Claim for the Disability Amount?

The maximum federal claim for 2014 is $7,766 per adult dependant.

Tax Expert Cheryl Norton Strategizes With the $800,000 Capital Gains Deduction at DAC

Cheryl Norton brings her expertise on tax-efficient business exits to the 2014 Distinguished Advisor Conference as part of Tax Planning for the BIG Exit: Thinking Big With the $800,000 Capital Gains Deduction.

Bull or No Bull: Can You Tell?

In Managing the Bull, sophisticated (and common sense) insider financial strategies and processes are made easy to understand in a compelling and fun approach.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    8 votes
    8.6%
  • No
    85 votes
    91.4%