Wildfires: Apply for Taxpayer Relief Provisions

It may not be the first concern, but Canadians affected by wildfires may worry at some point about the tax consequences of lost records or missed filing deadlines – the next one on June 16 for those filing T1 returns with proprietorship income. Fortunately, the CRA offers Taxpayer Relief Provisions when there are circumstances beyond a taxpayer’s control, including natural disasters, serious illness or death in the family, or errors made by the CRA, which may trigger penalties and interest due to late or incomplete tax filings. Here’s what you need to know.

According to Finance Canada, more than 1.2 million net new jobs have been created in Canada since the depths of the recession—one of the strongest job creation records in the G-7. 

As a financial professional, you may be called upon from time to time to act as an expert witness in a legal case.

Knowledge Bureau is pleased to announce the publication of a new edition of its certificate course  Advising Family Business, with substantive additions and commentary by Jenifer Bartman, CA, CMC. 

Claiming medical expenses can itself be painful: There are so many receipts and tiny numbers involved with making the claim!

Audrey Beck, MFA - Business Service Specialist.

The cat is out of the bag! The federal budget date has been set and the big question is whether the contribution limit for Tax Free Savings Accounts will double to $11,000.