AUTHREP Changed July 15
Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.Project Investment Income Into the Future
Quickly determine the tax impact on investment income with the Investment Income Calculator and reconfigure solutions when alternative saving strategies are required for your clients. Try a free trial today!
Minister of Finance Launches Pre-Budget Consultations
Minister of Finance Jim Flaherty will launch the 2014 pre-budget consultations on Thursday, November 7, 2013 in Toronto. Knowledge Bureau Report readers are invited to forward their top three issues of concerns to Evelyn Jacks, President of Knowledge Bureau.
Investing in Spousal RRSP Still a Good Idea
We asked in our October poll, “With the opportunity to use pension income splitting in the future to reduce taxes, is investing in a spousal RRSP still a good idea?”, and the clear answer was “yes”.
Financial Focus: What Does Financial Literacy Month Mean to You?
The third annual Financial Literacy month was launched last week by The Honourable Minister of State (Finance) Kevin Sorenson and Lucie Tedesco, the new Commissioner of the Financial Consumer Agency of Canada (FCAC).
CPP Pensionable Earnings Rise for 2014
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2014 will increase to $52,500 in 2014, which is an increase from $51,100 in 2013, while the basic exemption remains at the current $3,500 level.
Evelyn Jacks: The Promise of Economic Potential
Agathe Côté, Deputy Governor of the Bank of Canada, spoke of one of my favorite subjects – the Promise of Potential – at the CFA Society Winnipeg/Manitoba Chambers of Commerce in Winnipeg on October 29.
