No More Sworn Testimony, But Audits Are Still Stress Inducing

“That” Phrase: it’s one no taxpayer wants to hear – digitally or otherwise. “You’re being audited.” If you’ve had to deliver that news you’ll know that the reaction can range from indignity to shock to panic. Based on the latest piece of legislation before Parliament, you might have to tell more of your clients to buckle up, it’s going to be a bumpy ride. CRA will now have greater powers. Consider this:

If experience is the best teacher, here is your seat at the front of the classroom. Be inspired by 50 outstanding Canadians as they tell their stories and the life lessons they learned as they overcame obstacles. A must-have guide for young leaders, parents, business executives and bright stars everywhere.

Keeping proper books using a double entry system is one thing, but the real value comes from using the information to enable a business to meet its financial goals and make better management decisions. Enrol in Managerial Accounting by September 18 and save $200 on tuition rates.

This is the burning question for many baby boomers contemplating retirement. After many years of saving for retirement is it safe to retire?

Taxpayers and their advisors have one more tax filing deadline to add to their list this year: Form RC312 must be filed before October 23, 2013 in some cases, so mark your calendars.

It was boomers bashing the kids in last month’s Knowledge Bureau Poll which asked, “Are today’s small businesses and their workforces prepared to grow and meet changing demands while trying to fill the knowledge and experience gaps left as baby boomers retire over the next 5 years?” 

The Provincial Court of British Columbia heard an interesting defence to allegations of tax evasion faced by a father and son in Nanaimo, British Columbia recently.