News Room

Changes to Paper Filing Disempowering

Last tax season, only 7% of all Canadian tax filers filed on paper. The CRA is pushing for zero. It continues to steer the holdouts to digitized filing by adding lots of obstacles. Most recently, it is removing almost all the schedules from the tax return package it mails. This seems unfair to people who paper file because they can’t afford a computer and internet, distrust the security of online filing and those who are neither tax or computer literate. Here’s what they are up against:

Grad Spotlight - Margaret Hodgson, DFA-Tax Services Specialist

Earning her DFA-Tax Services Specialist designation in 2007, Margaret Hodgson has been an active alumna of Knowledge Bureau ever since, regularly attending our live Distinguished Advisor Workshops and making the annual trip to the Distinguished Advisor Conference.

Reporting Foreign Pensions

Self-reported pension sources can include amounts received from foreign pension sources. Depending on the terms of the tax treaty between Canada and the country in question, some or all of that income may be deductible.

Maximizing Your Child’s RESP and CESG

I have a 13 year old son for whom I just opened an RESP in 2013. How much would I have to annually contribute to the RESP in order to catch up and maximize on the savings grant that the government contributes before my son turns 18?

The Tax Facts Guide that Will Help You Get the Biggest Tax Refund

Maximize your tax refund by ensuring you have claimed every credit possible. Check out this week’s Jacks on Tax Tip: Line 128 Support Payments...

Producing an Accurate Payroll is More than Just Numbers

Ensure your payroll is more than just accurate – make sure it is compliant. Knowledge Bureau’s Advanced Payroll course will qualify you as a certified payroll clerk – enabling you to complete a payroll of advanced level of complexity and help you fully understand the consequences of non-compliance.

Make the Right Choice in Building Wealth for Retirement

Investing on a pre-tax, tax deferred basis is powerful. See at a glance how your savings will accumulate over time with the Registered vs Non-Registered Savings Calculator.
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    53 votes
    85.48%
  • No
    9 votes
    14.52%