News Room

Podcast: Automatic Tax Filing - Will It Work?

Last week Taxpayers' Ombudsperson François Boileau  tabled his annual report:  In Pursuit of Better Service: Taxpayers Deserve More.  once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years.  Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution.  A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive.  Consider the following:

May 15 UCCB Deadline:  Are You Telling Your Clients About It?

Have you alerted your clients about the changes in the eligibility for the increased UCCB benefits?

The New RRIF Rules and Pension Income Splitting

Recent changes to RRIF withdrawal rules are in the spotlight since the April 21, 2015 federal budget.  Will they affect pension income splitting, and if so, how? 

Small Business Catches a Tax Break!

Small businesses employ half of all Canadian workers in the private sector; making sure these employers can continue to provide jobs is critical. 

Top 10 Reasons the TFSA Rocks!

Despite political controversy, the TFSA has gained broad-based acceptance by 40% or 11 million average Canadians. 

Just How Long Do You Have To Keep Those Tax Receipts?

Glad to have another tax season behind you? Don’t be so quick to throw out your tax files!

Odds Are Good For Starting Your Own Business

Thinking of making a big change in your career path?  Maybe it’s time to take control and be your own boss? 
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    8 votes
    8.6%
  • No
    85 votes
    91.4%