News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

Marijuana Legalization Looming: Employers Seek Clarity on New Laws

Tread lightly into new, uncharted territory: it’s good advice as marijuana legalization is set to occur on July 1, 2018. But many Canadian employers and their staff are still unclear about the legal implications. Now, we have some more answers from Manitoba lawyer Philippe Richer.

Advisors Uncertain About Their Future: Finding New Direction

A new study shows that change in the financial services is leaving many advisors feeling unsettled and insecure about the future of their firms. If you’re one of them, exactly what are the solutions that can provide meaningful help to you?

DAC 2018: Dr. Jack Mintz to Address Canada’s Competitiveness

After decades of calm, the issue of competitiveness is front and centre for Canada. To address the best interests of your clients, your deeper knowledge about the emerging North American tax and trade reforms will serve you well, and there is no better person to help you interpret the changes than DAC Keynote speaker, celebrated tax expert and economist Dr. Jack Mintz.

Sneak Peek! Dig Deep and Overcome A.I. Risks with Tax Prep Value-Adds

The most professional tax practitioners are those who have excellent investigative skills in conducting the most exhaustive client interviews, and the best research skills in knowing when and where to look for help. Would you like to hone your skills and become one of them?

People in the News – David Booth

Accredited CGA and CPA David Booth recently took Intermediate Personal Tax Preparation and had the following to say about his experience:

Interest and Inflation Rate Hikes Ahead? Time to Manage Real Wealth

After holding interest rates at 1.25 percent since January, the Bank of Canada appears ready for raise the rate in its next announcement, July 11, when many economists expect it to increase to 1.5 percent. This small jump could affect millions of Canadians and is an opportunity for advisors and clients to lean in and plan for change.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    8.77%
  • No
    52 votes
    91.23%