News Room

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:

Featured Event: Distinguished Advisor Conference

Help us celebrate 10 years of cutting edge professional development and seize the opportunity: be there to think strategically with top advisors at the DAC in Ojai, California, November 10-13, 2013.

IMF Sees Canadian Economic Growth Take Off in 2013

Canada's economic growth expected to pick up and accelerate into 2015.

Charitable Status Revocation Continues to Plague Charities

CRA cracking down on questionable charity activities and schemes.

Evelyn Jacks: Who is Considered a Resident for Canadian Tax Filing Purposes?

Knowing your residency status and tax filing obligations can save you from expensive penalties.

Taxing Legal Services is Legal

Taxing legal services does not interfere with the Charter of Rights and Freedoms.

Gifts to Foreign Charities Allowed in 2013

The eligibility of gifts to foreign charities have expanded in 2013.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    12 votes
    25%
  • No
    36 votes
    75%