News Room

Time’s Up: CRA’s 100 Day Mandate for Improvement

After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show. 

Evelyn Jacks: New tax return features new tax credits

“Take-charge” taxpayers preparing for their annual income-tax filing will want to take a look at this year’s T1 Income Tax and Benefits return, available online.

News Release: New Books from Evelyn Jacks Help Online Filers and “Take-Charge” People

Jacks to launch her 49th and 50th books, Jacks on Tax, Your Do‐It‐Yourself Guide to Filing Taxes Online and Essential Tax Facts: Secrets and Strategies for Take‐Charge People on Jan. 15 at 7:45 AM at the Albany Club in Toronto.

Debt reduction a priority for Canadians in 2013

Knowledge Bureau Report readers are a disciplined bunch. Only one in four felt the pressure to overspend during the holiday season.

A right once waived is gone

A taxpayer’s failure to have its waiver of appeal set aside reaffirms that validly negotiated settlements between taxpayers and the Canada Revenue Agency (CRA) are not to be questioned by the courts.

Does everyone have the same tax filing due date?

No, in fact, the Tax Filing Due Date can vary.

File by April 30

Even though proprietors and their spouses have until June 15 to file their returns before late filing penalties kick in, it makes sense to file by midnight April 30 with all other taxfilers to avoid interest charges if you have a balance due.
 
 
 
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
    35 votes
    87.5%
  • No
    5 votes
    12.5%