News Room

Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa is the host venue for Distinguished Advisors Conference (DAC) 2015!

Tax Season in Canada May Not Be As Much Fun Anymore!

On January 17, Canada lost a great philosopher and keen observer of Canadian Income Tax System. 

Documentation Counts: Filing an Audit Proof Return

Over the next few weeks I am going to feature some tax tips for you to consider with your clients. 

Knowlege Bureau Designate Highlight: Wendy Pashulka

Wendy Pashulka from Airdrie, Alberta said she would definately recommend the T1 Professional Tax Preparation-Basic course.

Sorting the Mail from CRA

With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.

Pay Yourself First

Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.
 
 
 
Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    35 votes
    31.25%
  • No
    77 votes
    68.75%