News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

Achieve Consistently Accurate Results for Your Clients

Expand your career by honing your bookkeeping skills and understand the development of a complete set of books for a variety of business types. Enrol in Advanced Bookkeeping for Multiple Businesses – an excellent training solution for your staff.

Mark Your Calendars: Retirement and Estate Planning Bootcamp

Reserve your spot now for the September Retirement and Estate Planning Bootcamp. This must-attend event will provide you with the best tools to preserve, grow, and transition wealth tax-efficiently for your clients and to the next generation.

Big Disclosure Issues in Proposed Change to Income Tax Act

Currently the Income Tax Act (the Act) ensures disclosure of taxpayer information by Canada Revenue Agency (CRA) officials is specifically prohibited unless in relation to a criminal investigation or in emergency circumstances.

Taxpayers Can Sue CRA for Negligence

A recent decision of the British Columbia Supreme Court has held that the Canada Revenue Agency (CRA) owes taxpayers a duty of care; this new finding means that taxpayers can now sue the CRA for negligence. 

Discovery of Documents in the Tax Court of Canada

Discovery: the process of requesting and receiving relevant documents from the other side is one of the most important stages of any litigation. When the other party is the Minister of National Revenue (the Minister) the discovery stage can seem like a David vs. Goliath type struggle.

Evelyn Jacks: Wealth Planning: Canada a Sweet Spot for a Higher Bell Curve

Lots of great material has been released lately about global and Canadian wealth trends. Three works come to mind as must-reads...
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    7 votes
    14%
  • No
    43 votes
    86%