Tax Pros: Canada’s Tax System Has Taken a Big Hit

Canada’s tax and financial pros weighed in enthusiastically on last month’s two-part Knowledge Bureau Report Opinion Poll in which we asked: "Do you believe Canada’s tax system based on self-assessment, has suffered under recent changes at CRA and by Finance Canada?" 71% said yes. Part 2 was this question: "If so, what is the one wish you have for tax reform?" The responses were very interesting:

This insightful course has been newly updated! For those who want to learn the 'why' and 'how' behind helpful software tools- free trial available!

Over 5 million Canadians submit their taxes online. This book by Evelyn Jacks is a must-read for the DIY tax-filer. KBR readers get $5 off if they order before December 3.

As baby boomers age, long-term care will become a ballooning part of provincial health-care costs. Now is the time to plan for that eventuality.

On the final day of the 2012 Distinguished Advisor Conference Nov. 14, speakers looked at the forces shaping the future of investors and advisors.

Now is the time to do yearend tax planning — to ensure you do not pay more income taxes than necessary.

The Canada Revenue Agency (CRA) is on the warpath over charitable gifting tax shelters. But is it time for a broader review of Canada’s charitable donation rules?