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:

Canada’s Taste for Wine is Increasing

Canadians have become real red wine connoisseurs, but we still like our home grown beer, too. According to Statistics Canada, alcohol sales throughout the country in 2013 rose 2.2% from 2012, but a change in what Canadians are buying at the liquor store is noticeable.

CRA Error Doesn’t Help Taxpayer on Reassessment

When the Canada Revenue Agency (CRA) errs, can they correct, reassess and require payment even if this is unfair? Apparently yes, based on a recent court case.

Evelyn Jacks: Rest in Peace, Mr. Flaherty

Canada is devastated at the loss of its great Finance Minister, Jim Flaherty, who few would argue was a truly wonderful soul.

Own U.S. Real Property? Know What is Required for Tax Purposes

Many people have taken advantage of the real estate market drop in the U.S. and have purchased U.S. real estate for personal use or as a rental property, but many do so not realizing what owning this kind of property means from a tax perspective.

Who Are Eligible Child Care Providers?

Child care expenses are claimable on form T778 by Canadian residents for services provided by any of the following in Canada (although deemed residents may qualify as well).

Deducting Disability Support

If you are disabled and incur expenses of an attendant or other disability supports purchased to enable you to earn employment or self-employment income or to pursue education, then you can claim the costs of disability supports on Line 215 so long as the expenses were not reimbursed.
 
 
 
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%