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.

Featured Event: Distinguished Advisor Workshop – Audit Defence Bootcamp

Tax Audit Season – June to December – begins soon, and tax professionals need to know how to respond to requests for post-filing information to set up the best defence in case of appeal. See the full agenda for this May's Distinguished Advisor Workshop, coming to a city near you.

Featured Book: Make Sure It’s Deductible

Help your unincorporated business owner clients take advantage of every legitimate business deduction and personal tax planning benefit while complying with their tax obligations. Buy 3 books, get 1 free! Use PromoCode: KBRSPECIAL.

Featured Course: Cross Border Taxation – FREE TRIAL!

More and more, Canada/U.S. cross border transactions make an impact during tax time, and advisors must understand how cross border taxation issues such as residency, snowbirding, and Canadian and U.S. investments, will impact their clients' tax returns. Free trial available!

Featured Tool: Debt Reduction Solutions Calculator

This calculator is a valuable tool in helping your clients determine the amount of income available to service debt and to calculate maximum mortgage payments, fixed term mortgages, and all-in-one solutions. Try it risk free!

Credit Tightening Leads to Private Sector Cost Cutting

The Bank of Canada’s regional offices conducted summary interviews with senior managers of about 100 different firms representing a snapshot of Canada’s gross domestic product in order to gain a clear perspective of the future of economic activity in the country. 

CRA Letter to CBC: Turn Over Names

On April 12, 2013, Andrew Treusch, the Commissioner and Chief Executive Officer of the Canada Revenue Agency (CRA) wrote a letter to Mr. Hubert Lacroix, President and Chief Executive Officer of the Canadian Broadcasting Corporation (CBC), in regards to the international tax non-compliance information leaks that the KBR described last week.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    12 votes
    17.91%
  • No
    55 votes
    82.09%