News Room

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.

Advise Your Clients on Business Valuation Issues

Earn your certification in Business Valuation for Advisors and become a valuable resource to your clients when considering business valuation issues. Understand the notion of value, company specific and market based approaches for estimating value, the key stages of the business transaction process, value and investment transactions, and the implications of financial performance on value.

DAC 2013 Distinguished Speaker: Richard Croft

Meet the top-class speakers Knowledge Bureau has gathered for our upcoming Distinguished Advisor Conference, November 10-13, 2013 in Ojai, California.

When Should You Transfer Your Assets?

Using our Tax-Efficient Assets Transfer Calculator, you'll understand the Adjusted Cost Base on disposition of assets and will be in a better position to determine when—at lifetime or death—to do so, and to whom. Try all Knowledge Bureau Calculators risk-free, today!

Ontario Budget Tinkers; Holds the Line on Taxes

The May 2, 2013 Ontario budget held the line on taxes but made some interesting changes that will directly affect Ontario taxpayers, especially those who count on tax credits to supplement income, and will reduce health taxes for small businesses as well, but this will be at the expense of larger businesses.

CRA Condo Audit Begins

Tax Audit Season is upon us and with it a warning for those who sold condominiums in 2012: The Canada Revenue Agency (CRA) is conducting an audit of condominium sales to check for non-compliance with the Income Tax Act (the Act).

The Onus of Proof: Details Are Required

Dr. Mike Orth Inc. v. The Queen 2013 TCC 123. Does solicitor-client privilege trump the CRA’s requirement for a detailed burden of proof?
 
 
 
Knowledge Bureau Poll Question

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?

  • Yes
    357 votes
    70.69%
  • No
    148 votes
    29.31%