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.

Taxpayer relief for 2002

Taxpayers and all tax registrants have until Dec. 31, 2012 to file requests under the taxpayer relief provisions for the 2002 tax year and any reporting period that ended during the 2002 calendar year.

Featured Tool: Calculators

Provide the most current tax efficient year-end tax planning possible with our suite of calculators — updated for 2013! Try them free!

Featured Course: Introduction to Personal Tax

With tax season just around the corner, this practical course will provide you with the knowledge and tools you need to ace your tax preparation — free trial availalbe!

Featured Book: Essential Tax Facts

Learn effective and practical money-saving strategies! KBR readers receive $5 off if they order before December 10.

$500 boost to TFSA limit in 2013

In 2013, you will be able to contribute an additional $500 to your Tax-Free Savings Account (TFSA), taking the annual contribution limit to $5,500.

Lack of succession planning could dampen economic growth

Aging small and medium-sized business owners are ill prepared to transition their businesses and that oversight, says CIBC economist Benjamin Tal, could be costly — for business owners and for the economy.
 
 
 
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%