News Room

CRA’s Callback Service for Tax Pros Pilot

Are you a tax professional with years of experience? Have you ever felt frustrated after calling the CRA, having spent hours on hold, wasting your client’s or employer’s time, only to speak to CRA agents who aren’t qualified to answer your questions? The Auditor General of Canada was equally displeased in a scathing report last fall on wait times and accuracy levels at the CRA. Now a new CRA callback service may come to the rescue this tax season. Here is my experience with the pilot project so far:

People in the News

Rebecca Ringwood loved her stress-free and fully-supported experience in the Basic Bookkeeping for Small Businesses course

Tax Tips for Investors — Maximize RRSP Deductions: Check Out Your Notice of Assessment

Well, tax filing season should be over officially for most individuals— and that means it’s already time to think RRSP season! Will you be topping up?

Too Big to Fail? How Confident Are You in Canada’s Financial System?

A sound and resilient financial sector is key to making any national economy function efficiently. To that end, the Department of Finance published regulations on June 16 regarding implementation of the Bank Recapitalization (Bail-in) Regime. 

Post-secondary education will be essential for 71% of Canadians, but only 50% have RESPs

Canada’s future economy will depend heavily on highly skilled workers who require post-secondary education (PSE). Employment and Social Development Canada suggests that the number is 70%(1). 

Canadian Salaries Not Keeping Pace with Inflation

There is a worrisome gap between the annual growth in Canadians’ employment income and the increase in inflation: wage growth has stalled in Canada. The result is a challenging savings environment.

Life Purpose

“We can’t solve problems by using the same kind of thinking we used when we created them.” -Albert Einstein
 
 
 
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