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.Let’s Collaborate: Get in on the DAC 2018 Agenda
Knowledge Bureau’s annual Distinguished Advisor Conference (DAC) will be taking place in beautiful Quebec City from November 11-14, 2018. The theme is “Changing the Face of Community – Collaboration with Impact.” We would love to hear what this means to you, and what you’d like to see in our compelling sessions at this pre-eminent educational event.
Mark Your Calendars: Post-Budget Analysis for Canada and the U.S.
Knowledge Bureau is pleased to announce that its next professional development days - the CE Summits - will held May 29 to June 6 in Winnipeg, Calgary, Vancouver, and Toronto. Featuring special guest Dean Smith of Cadesky Tax, who will join Evelyn Jacks to discuss post-budget tax reforms in Canada and the U.S.
Tax Tip: A New Tax Credit for Infirm Children
Last week we discussed a new Canada Caregiver’s Credit (CCC) for spouses and eligible dependants who can be claimed as “equivalent to spouse.” But did you know that you can now make a new claim if you are a caregiver of a dependent minor or adult child who is infirm? It’s possible under the revamped Canada Caregiver Credit.
Tax Reforms: An Opportunity to Contribute to Financial Literacy
Some things never change: like their U.S. counterparts, Canadian taxpayers once again find themselves in the midst of tax reforms. The current one has been released in dribs and drabs, strategically in the just before or during holiday periods and with very short consultation periods. Should you be concerned?
The Rising Costs of Elder Care: Tax Relief Helps
According to Statistics Canada, falls by seniors are the leading cause of injury-related hospitalizations in Canada. CBC reports that the number of Canadian seniors requiring continuing care will rise by 71 percent by 2026, adding more pressure to an over-burdened healthcare sector, and increased financial pressure on family and volunteer caregivers. Planning and proactivity can help at tax time.
Job Opportunity at The Accounting Place: Tax Accountant Needed
The Accounting Place, located in Stoney Creek, Ontario, is looking to fill the position of Tax Accountant, and offering competitive rates. As a Knowledge Bureau Report subscriber, and member of our extended network, we wanted to bring this opportunity to your attention. Are you looking for a new job in a great industry or do you know someone who is? Check this out:
