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:Going to School or Working Temporarily in the U.S.?
If you plan to attend school or work temporarily in the U.S., you may technically be deemed a U.S. resident for tax purposes.
Knowledge Counts: Upgrade Your Skills Today
Now’s the time to prepare for next tax season by upgrading the skills of you and your team. Start the DFA-Tax Services Specialist™ Designation program for the “a-ha” moments and finish it for the opportunity to connect and differentiate. Enrol by June 15 and attend DAW as our guest.
Discuss Money Matters with Your Family
Money and finances play such a critical role in our day-to-day lives, yet it can be one of the most uncomfortable and polarizing topics to discuss. Break taboo and learn to broach financial topics with a plan. Purchase your copy of Financial Fotographs today – makes a great graduation gift!
Provide Guidance to Your Clients in Estate Planning Matters
Learn to prepare final returns in the most tax-efficient manner and expand your career by adding estate planning to your list of services. Enrol in Final Returns on Death of a Taxpayer.
Doomed Ontario Budget: Retroactive Bracket Creep, High Income Surtaxes Taxes Featured
The May 1 Ontario budget triggered a provincial election and so it died on the vine; but it’s an important one to understand, none-the-less, as some of its parts may be back at some time in the near future, depending on the outcome of the election.
No Expiration Dates on New Prepaid Cards
New rules pertaining to prepaid credit cards took effect on May 1. Finance Minister Joe Oliver held a press conference on April 30 in Ottawa to introduce the new measures that were designed to protect Canadian consumers.
