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.
South of the border, our American friends have proposed new legislation aimed at imposing sales tax on customers shopping at large online retail websites.
With very minor exceptions, the definition of “income” used to determine the amount of the Guaranteed Income Supplement is the same as “Net Income” under the Income Tax Act.
Are you ready to grow your business? According to Statistics Canada[1], the top three reasons businesses fail is lack of vision, lack of knowledge, and the inability to use outside advisors effectively.
Winnipeg, MB. Under the theme, Back to the Future, delegates at the DAC (Distinguished Advisor Conference), will explore opportunities to build on past successes and experiences in a changing environment for both tax and financial advisors.
Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?