News Room

Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

Relationship Breakdown: Claiming Non-Refundable Tax Credits

After a relationship breakdown, there are some general rules on who claims in sole or joint custody cases.

Rental Property: Capital Cost Allowance and Multiple Owners

Are you considering jointly owning property to rent with one or more other people? Before doing so, it’s important to consider the structure of your ownership agreement.

Author Bill Bishop Brings “Big Idea Thinking” To DAC

Bill Bishop brings his unique insight on sales strategies to the 2014 Distinguished Advisor Conference as part of The Next BIG Idea: How To Sell A Lobster.

Become a Distinguished Financial Advisor Specializing in Tax and Bookkeeping Services

Featuring course development and direction by Canada’s most trusted tax and financial educator, Evelyn Jacks and a team of outstanding tax professionals with decades of experience in teaching tens of thousands of tax professionals.  

Financial Life Lessons Learned

Sharing valuable financial lessons learned is an important way to help the next generation avoid financial pitfalls. Financial Fotographs is a great guide to get the conversation started. Makes a perfect graduation gift!

Understand the Issues Involved in Business Sale or Succession

Expand your career by gaining insight into business transaction accounting and achieve consistently accurate results for you clients. Enrol in Accounting for Business Transitions.
 
 
 
Knowledge Bureau Poll Question

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

  • Yes
    4 votes
    6.06%
  • No
    62 votes
    93.94%