News Room

Late Filing Penalties: Talk About It!

While most T1 returns are in the hands of the Canada Revenue Agency (CRA) by April 30, we know many are not. In fact, millions of returns were still outstanding as of mid-May. Late-filing clients they need to know about the consequences, especially if they owe. Here’s a rundown to be aware of:

Employers’ Treatment of GST/HST on Employees Taxable Benefits

Some employee taxable benefits are subject to GST/HST, while others are not.

New Legislation: The Economic Action Plan 2014 Act, No. 2

New legislation from the Department of Finance, The Economic Action Plan 2014 Act, No. 2, received Royal Assent on December 17.

Improving Economic Potential:  A Smart Financial Goal

Happy New Year!  What’s your “economic potential” in 2015? 

Our Readers Are Awesome

Sometimes a little clarification is in order.

Don’t Miss It: Professional T1 Tax Update January 20 - 23

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    17 votes
    17.53%
  • No
    80 votes
    82.47%