October 1 - Important Changes Coming to VDP
Effective October 1, 2025, important changes will be made to the Voluntary Disclosures Program (VDP) at the CRA in order to make it easier for taxpayers to correct unintentional filing errors or omissions. The details on how the changes will affect your clients are being discussed in the CE Summit held September 17 and this course is now available for online enrolment and CE accreditation, after the virtual event. Here are some highlights of the changes.Evelyn Jacks: Non-Resident Pilots and Overseas Workers See Tax Hikes in 2013
When it comes to tax time, it always pays to do a good review of the tax changes from one year to the next and find those “dark horses”; the little-known tax facts that can make a big difference on tax filing outcomes.
Grad Spotlight - How Doris Expanded Her Tax Knowledge Base and Grew Her Business
Doris Woodman-McMillan earned her DFA-Tax Services Specialist™ designation in 2008, and has been active Knowledge Bureau as a presenter and content beta tester. We are pleased to have Doris as one of our distinguished grads.
Hospital Parking to be Exempt from GST/HST
The federal government announced on January 24 that a new exemption would be available on hospital parking costs for patients and their visitors. Comments on the proposals are to be submitted to Finance Canada by February 24.
Northern Residents Deduction
If you lived in a prescribed northern or intermediate zone for a period of at least six consecutive months beginning or ending in a taxation year, you may claim the Northern Residents Deduction on Line 255 by filing Form T2222 Northern Residents Deductions.
What are the new rules for Foreign Holdings reporting?
Very important changes are coming through for those who have assets offshore.
We’re Growing…Please Join Us!
Our school is growing and we are looking for highly engaged, enthusiastic and committed individuals for the positions of Assistant Registrar, Income Analyst, and Sales Executive.
