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:Upgrade Your Skills to Earn More Next Tax Season
Now is the perfect time to look ahead and plan the training needs for you and your team for next tax season. The DFA-Tax Services Specialist™ Designation is a well-rounded program for those who wish to specialize in T1 tax preparation and planning. Enrol by June 15 and attend DAW as our guest.
Experience Your “True Wealth” Potential
Learn how to cultivate that distinctive quality you can use to create new opportunities to stride forward with confidence. Purchase your copy of Empower Your Presence today – a perfect graduation gift!
Expand Your Practice and Career with Cross Border Taxation and Planning Knowledge
Advise your clients on the tax impact of various events on both sides of the border. Enrol in Cross Border Taxation – try the first chapter for free!
Family Income Splitting Not a Benefit Just for the Wealthy
Should joint tax filing to enable full family income splitting be allowed? 70% of KBR readers say ‘yes.’
RTPP: Provide Feedback by May 31
The new Registration of Tax Preparers Program, proposed to launch during the 2016-2017 fiscal year, will keep track of errors associated with a particular registrant in an effort of improve compliance. CRA is seeking input on this change in its relationship with professionals.
Financial Literacy Leader Chosen
Jane Rooney has been selected as the Financial Literacy Leader of Canada. The Task Force on Financial Literacy provided 30 recommendations, including the appointment of a Financial Literacy Leader, to help Canadians become equipped with the knowledge and skills necessary to make responsible financial decisions.
