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.

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BC Latest Province to Add High Income Surtaxes

A trend appears to have started in balancing provincial budgets, as BC follows Ontario, Nova Scotia, and Quebec in its February 19 budget with the introduction of a "high income surtax" which could, in the absence of planning, increasingly penalize the wealth accumulations of retirees.

Identity Theft Defense No Help in Federal Court

Despite an apparent identity theft, a taxpayer was obliged to pay taxes on income he could not prove was over reported. Filed by Greer Jacks, who is researching tax cases EverGreen Explanatory Notes.

CRA Issues Fraud Alert

The Canada Revenue Agency (CRA) is warning taxpayers that fraudulent emails have been circulating with increasing frequency lately requesting personal information.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    12 votes
    17.39%
  • No
    57 votes
    82.61%