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.

Payroll deduction tables have been adjusted as of July 1 for BC, NB, NL and YK as a result of changes announced in the 2015 provincial and territorial budgets.

There’s a Yin and a Yang to Canadian economic news these days.

There is always someone who believes they’re smarter than everyone else and that the law doesn’t apply to them. The problem is that (aside from the fact in this case that tax evasion is illegal) there is always going to be someone smarter.

Father’s Day is coming up. It’s a perfect time to reflect, cherish and remember the financial wisdom your father instilled in you and how it shaped your life.

How important are a tax and financial advisor’s “soft skills?”  Having deeper conversations about many life components, other than finance, can be an important first step in improving your clients’ lives. 

The old adage says that “money can’t buy happiness.” This is now statistically true.