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:

Use Tax-Free Zones

Everyone in Canada qualifies for the Basic Personal Amount (BPA). 

Lifestyle Column: 10 Neat Things

This week: 10 neat things about artichokes

Knowledge Bureau student honoured with Heroes of the Home Award

Congratulations to Kareen Rekowski, who was recognized by the Champlain Community Care Access Centre in November 2012.

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Featured Book: The Smart, Savvy Young Consumer

This is "must-have" financial education for a new generation—your friends, your children, or grandchildren. Order by February 4 and receive $5 off!

Featured Tool: EverGreen Explanatory Notes

EverGreen is your in-office research department. Get ready to be more efficient this tax season with the most current information you need just a few clicks away. Register for the free demo now!
 
 
 
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%