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:Are We Richer Now Than We Were 30 Years Ago?
There has been a lot said and written about the state of the middle class, with some people claiming that we are worse off now than we were 30 years ago.
IRS to Tax Bitcoins and Other Virtual Currencies Like Property, Not Currency
Virtual currencies are becoming more and more popular and tax authorities throughout the world are considering how to handle them.
People In the News
Knowledge Bureau's faculty and authors have been busy in the media this week!
Now Available – Get the Important Cross Border Facts
Get the inside story on how to preserve your wealth while enjoying your cross-border travels, hassle-free, with the must-have book, Canadians and the IRS.
Audit Defence – Documenting the Client Experience
Consolidate your role as a trusted advocate and steward for your clients. Register by May 15 for early bird rates.
Ontario Taxes for 2014
The pre-budget consultations for the 2014 Ontario budget closed on March 28 but the date of the budget has yet to be announced. However, recently leaked government documents indicate that the budget will be presented in the first week of May.
