News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

Toothache? Backpain? See Your Doctors as Part of Year-End Planning

Got a toothache? Need more prescriptions? When you move up your medical appointments to before year-end, you may also increase your tax refund. That makes a visit to your dentist, eye doctor, or medical doctor a tax wise strategy at year-end.

Evelyn Jacks: Looking Back – and Forward on Innovation in Tax

I am excited about our upcoming national workshop tours with Cameron Peters, President of Trilogy Software, Larry Frostiak, FCA, and Alan Rowell, MFA, DFA-Tax Services Specialist.

TFSAs: A Part of Sound Year-End Planning

With year-end tax planning now in our thoughts, one investment option to consider is the Tax Free Savings Account (TFSA). 

Income After Death

What happens with income earned after death? Most payments received by the deceased after death will have to be returned.

How much of my training costs can I claim as a business deduction?

Training costs will not be deductible if they are considered to be “capital” in nature—that is, if they result in a lasting benefit to the taxpayer.

Review Disability Tax Credit Forms with Doctors

The Disability Tax Credit is lucrative—be sure to take the time to review the Disability Tax Credit Certificate (Form T2201) with your doctor.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    7 votes
    14.29%
  • No
    42 votes
    85.71%