Do you believe Canada’s tax system based on self-assessment has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?
Even at the end of tax season, some last minute tax tips can help clients and their families win extra dollars this year – or possibly next. There are some eyebrow-raising write-offs under the category of medical expenses for example, that might make a knowledgeable tax expert the most interesting person around the water fountain.
The 2015 Federal Budget introduced significant changes to Canadians’ finances. The challenge now for most tax and financial professionals is deciphering these changes and putting them into action in a meaningful way for clients.
Tax breaks and economic incentives have been peppered throughout Canada’s pre-election budget document with savers, seniors and small business corporations emerging as big winners.
Do you believe Canada’s tax system based on self-assessment has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?