News Room

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.

The Most Comprehensive Reference Tool You’ll Need This Tax Season

Miss the Personal Tax Bootcamp? You can still get your copy of the best reference tool to have on hand. Catch up with what’s new at Finance and CRA as well as line-by-line updates on the T1 return for 2013.

Build Your Personal Brand and Enhance Your True Wealth

Author Catherine Bell will be a featured speaker at several events across Southern Ontario over the next few weeks to celebrate the launch of her new book, Empower Your Presence. Order your copy today and learn how to build true wealth with your personal brand and image.

Set Up a Proper Bookkeeping System for Small Businesses with Confidence

Prepare books in a computer-based double entry system, analyze and report transactions within the accounting cycle, and prepare financial statements ready for tax preparation with Basic Bookkeeping for Small Businesses.

Understand the Tax Impact of Your RRSP Contribution

The RRSP Savings Calculator provides quick answers about the potential tax savings that can be obtained through an RRSP contribution as well as the consequences of borrowing to make that contribution.

THINK BIG in Texas at DAC 2014

Find the sweet spots in wealth management at our 11th annual Distinguished Advisor Conference, November 9-12 in beautiful Horseshoe Bay, Texas. Receive best rates when you reserve your spot by February 15.

Draft Legislation Released: Electronic Funds Transfers

Detailed draft legislative proposals and explanatory notes were released January 9 by Finance Canada to provide guidance on the proposed new rules. Public comment was invited, but must be submitted by February 10. Some highlights of the proposals follow...
 
 
 
Knowledge Bureau Poll Question

On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?

  • Yes
    8 votes
    21.62%
  • No
    29 votes
    78.38%