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:Evelyn Jacks: Gathering Documents a Pain, But It Sure Pays Off!
I was so glad to hear from Russ, in response to last week’s blog. He shared that he had read my book; realized he missed claiming moving expenses and then adjusted his prior filed returns. To his delight, he received a $6600 refund – found money! Good for you Russ!
Grad Spotlight - Andre Tells Us Why the DFA-Tax Services Specialist Designation Has Been Valuable
Andre Yong Tit Kow successfully achieved his DFA-Tax Services Specialist designation from Knowledge Bureau in 2013. We are pleased to have Andre as one of our distinguished grads.
Claiming Refundable Tax Credits
No income? File a tax return anyway. You’ll need to do that to receive income supplements from the government, often paid monthly or quarterly, including federal tax credits like the Canada Child Tax Benefit, GST/HST credit or the Universal Child Care Benefit.
The Ideal RRSP Contribution
How do I calculate my ideal RRSP contribution?
2014 Knowledge Bureau Educational Calendar
Start your educational path towards designation today and earn your MFA™ or Distinguished Financial Advisor™ designation by the end of 2014!
Our Apologies
We intended to give credit to Roy A. Berg JD, LLM of the law firm of Moodys Gartner as the source of the article posted on border crossing rules in our last issue, but we neglected to do so. We wish to sincerely apologize for this oversight.
