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:Sharpen the Knowledge of Your Team in Time for Tax Season
The 2014 tax season is just around the corner and you need your team sharp and ready to go. Get your team in shape at Personal Tax Bootcamp this January. Enrol by December 15 for best tuition prices.
Jacks on Tax Available December 15
Get the facts on filing 2013 tax returns in this easy-to-read guide to filing individual and family tax returns. Perfect for new tax preparers and those who want a handy guide to the details behind the lines as they electronically prepare and file returns. Pre-order your copy of the best-selling Jacks on Tax: 2014 Edition today!
Confidently Prepare Books for Your Small Business Clients
Set up a proper double entry bookkeeping system for a small business, analyze and report transactions within the accounting cycle to the business owner, and prepare financial statements ready for tax preparation and review by the accountant. Enrol in Basic Bookkeeping for Small Businesses by December 11 and save $200 on tax deductible tuition fees.
How Much “Real Money” Do You Have?
Cash flow and income are two different things; but it may be all the same to your clients — how much do I have to spend each month? Help your clients understand their after-tax cash flow with our Cash Flow Calculator — Try a free demo today!
2014 Income Tax Estimator Now Available
December is just around the corner and it’s high time to finalize the estimation of 2013 taxes payable income in order to determine the correct amount of the final tax instalments (December 15 for all taxpayers except farmers, who must submit one instalment on December 31).
Ontario Gives Relief to Small Businesses
The Supporting Small Businesses Act recently passed a second reading in the Ontario Legislature. Also known as Bill 105, the object of the legislation is to provide relief from the Employer Health Tax to small businesses, charities and not-for-profit entities.
