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:

In a controversial budget, Manitoba raised its Provincial Sales Taxes by 1% to 8% effective July 1, 2013 over a “temporary” 10 year period, waiving the requirement to hold a referendum, citing reasons of financial urgency due to potential flooding.

Knowledge Bureau's Evelyn Jacks and Alan Rowell, and David Caron and Sean Nazarian of Thomson Reuters will be leading you in this May's Distinguished Advisor Workshop: Audit Defence Bootcamp.

Should you draw from the CPP early? With many new changes to the plan starting in 2012, this calculator will help you answer that question by determining break-even points along the way, while explaining the new rules and criteria. Try it with a free trial!

Over the last couple of weeks, the provincial governments in the Atlantic provinces brought down their 2013 provincial budgets.

Budget 2013 included some measures that would help the Canada Revenue Agency (CRA) find and prosecute international tax non-compliance, such as the Stop International Tax Evasion Program. A recent decision from the Federal Court, Soft-Moc Inc. v MNR (2013) FC 291, sets a precedent that strengthens the CRA’s ability to access information outside of the country.

On April 4th, the Canada Revenue Agency released two separate statements in regards to recent media coverage that has identified rampant disregard for Canada’s tax laws, specifically hiding money in offshore tax havens.