News Room

Claiming Medical Expenses: Free Healthcare?

Free Health Care? Did you know that Canadians spend on average more than $1,000 on medical expenses each year? It’s estimated that government programs, via our taxes, cover about 72% of medical expenses, which means that we pay for the rest. Your clients may be over-paying on their taxes because they don’t know about medical expense deductions. 

Learn about the Family Tax Cuts and more

NOW AVAILABLE:  Learn about the Family Tax Cuts and more – FREE with the purchase of Jacks on Tax.

Tax Free Deemed Dividends Under CRA Microscope

The Tax Court of Canada (Descarries Et Al. v. The Queen (2014) TCC 75) recently had occasion to consider an interesting tax planning scheme that ultimately fell foul of the General Anti-Avoidance Rule (GAAR).  

2015 Alberta Budget Increases Taxes for Most Taxpayers

The 2015 Alberta budget was presented on March 26, 2015. 

Tax Hikes in Alberta Affects Cottage Owners and Insurers

There are three certainties in life:  death, taxes and change.  That’s why taxpayers and their advisors must take note when provinces like Alberta raise their taxes for the first time since 1987. 

Quebec Budget Lowers Corporate Taxes

The Quebec provincial budget was presented on March 26, 2015. 
 
 
 
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
    7 votes
    7.69%
  • No
    84 votes
    92.31%