Mark Your Calendar: Critical Deadlines for May and June
Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:The Onus of Proof: Details Are Required
Dr. Mike Orth Inc. v. The Queen 2013 TCC 123. Does solicitor-client privilege trump the CRA’s requirement for a detailed burden of proof?
Disability Tax Credit Promoters Restrictions Act
Last fall, Cheryl Gallant, MP for Renfrew-Nipissing-Pembroke introduced the Disability Tax Credit Promoters Restrictions Act, a private members bill to limit the fees charged for the preparation of Disability Tax Credit Applications.
Tax Efficiency: Sometimes, It Takes a Village
Tax filing season is over for close to 20 million Canadians whose tax returns have already been assessed this year. Of those, 14%, or just under 3 million taxpayers, had a balance due. On average, they owed $3700 upon filing; the rest got refunds (65%) or filed a nil return (21%) to receive refundable tax credits.
Check It Out – Our New Virtual Campus!
Knowledge Bureau is excited to announce the launch of our new virtual campus—an environment designed especially for you! Login in today to see what's new!
OSC Gets More Teeth
The May 2 Ontario Budget announced the government’s intention to introduce legislative changes on various issues.
Correction: Do-It-Yourself Taxpayers Can Submit eDocs
The article "Must Audit Support Documents be Electronically Filed?", published in the April 17, 2013 issue of Knowledge Bureau Report has been amended.
