News Room

Changes to Paper Filing Disempowering

Last tax season, only 7% of all Canadian tax filers filed on paper. The CRA is pushing for zero. It continues to steer the holdouts to digitized filing by adding lots of obstacles. Most recently, it is removing almost all the schedules from the tax return package it mails. This seems unfair to people who paper file because they can’t afford a computer and internet, distrust the security of online filing and those who are neither tax or computer literate. Here’s what they are up against:

This Summer Sharpen Your Financial How-To Knowledge

Grab a book or two (or more!) this summer and expand your financial acumen. We have some great recommendations that will be satisfying reads whether you're on a road trip, at the lake, or stay-cationing at home.

Advise Your Clients on Cross Border Tax Impacts

Expand your practice and career with cross border taxation planning knowledge and cater to an affluent, multi-jurisdictional baby boomer demographic. Make Cross Border Taxation part of your summer studies. Try a free trial!

Experience Education Differently at DAC!

DAC 2014 is shaping up to be the best one yet! Don’t miss the opportunity of an incomparable educational experience in the beautiful Texas Hills as you gain perspective and insight from outstanding thought leaders in the tax and wealth advisory industries.

First Bill to Implement Budget 2014 Becomes Law

Bill C31, an Act to implement certain provisions of the budget tabled in Parliament on February 11, 2014 and other measures, received Royal Assent on June 19.

Major Banks to Assist Financially Vulnerable Canadians

Delivering on a promise made in the Economic Action Plan 2014, Finance Minister Joe Oliver announced that the Government of Canada secured voluntary commitments from the country’s eight largest banks to provide low-cost or no-cost bank accounts to low income Canadians by January 15, 2015.

Tax Court Provides Clarity on Harsh Provision

Judges are forced to apply the law as it reads, but fortunately for taxpayers there is sometimes room for interpretation.
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    53 votes
    85.48%
  • No
    9 votes
    14.52%