News Room

Changes to Paper Filing Disempowering

Last tax season, only 7% of all Canadian tax filers filed on paper. The CRA is pushing for zero. It continues to steer the holdouts to digitized filing by adding lots of obstacles. Most recently, it is removing almost all the schedules from the tax return package it mails. This seems unfair to people who paper file because they can’t afford a computer and internet, distrust the security of online filing and those who are neither tax or computer literate. Here’s what they are up against:

Life Purpose

"If money is your hope for independence you will never have it. The only real security that a person* will have in this world is a reserve of knowledge, experience, and ability." Henry Ford

Back to School: Teachers Get a New Tax Break

This month teachers return to the classroom to plot strategies and activities for the new school year, decorate the walls and devise new science experiments.

Five Reasons to Get CRA Penalties and Interest Waived

It’s back to school time and families are spending money getting ready for the big day; registration for sports activities seems to be more expensive that ever; and now this: you find you owe money to CRA!

The Olympians and the Taxman

A big high-five to all the outstanding Canadians who made us proud in Rio! Their Olympic renown can now take many of them on the journey from amateur to professional status.

Pre-Authorized Debit Payments Coming for EFILE

A new tax form has been released this summer, giving clients the ability to authorize CRA to reach into their bank account to pay a balance due. The new Form T1-83 for tax year 2016 was released online in the heart of the summer, on July 22, 2016, and it became available for print on August 3.

Delivery and Execution: The Privilege of Pressure

SOCHI, Russia. “Canada captured a historic fourth Olympic gold medal in women’s hockey Thursday with a 3-2 overtime win over the United States in a thrilling championship final.”
 
 
 
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
    53 votes
    85.48%
  • No
    9 votes
    14.52%