News Room

Tax Tip: The More Obscure Medical Expenses

Are you claiming all the medical expenses you or your clients might be entitled to? 

Knowledge Counts: Upgrade Your Skills Today

Now’s the time to prepare for next tax season by upgrading the skills of you and your team. Start the DFA-Tax Services Specialist™ Designation program for the “a-ha” moments and finish it for the opportunity to connect and differentiate. Enrol by June 15 and attend DAW as our guest.

Discuss Money Matters with Your Family

Money and finances play such a critical role in our day-to-day lives, yet it can be one of the most uncomfortable and polarizing topics to discuss. Break taboo and learn to broach financial topics with a plan. Purchase your copy of Financial Fotographs today – makes a great graduation gift!

Provide Guidance to Your Clients in Estate Planning Matters

Learn to prepare final returns in the most tax-efficient manner and expand your career by adding estate planning to your list of services. Enrol in Final Returns on Death of a Taxpayer.

Doomed Ontario Budget: Retroactive Bracket Creep, High Income Surtaxes Taxes Featured

The May 1 Ontario budget triggered a provincial election and so it died on the vine; but it’s an important one to understand, none-the-less, as some of its parts may be back at some time in the near future, depending on the outcome of the election.

No Expiration Dates on New Prepaid Cards

New rules pertaining to prepaid credit cards took effect on May 1. Finance Minister Joe Oliver held a press conference on April 30 in Ottawa to introduce the new measures that were designed to protect Canadian consumers.

Gift Not Negated with Inflated Charitable Tax Receipts

As per subsection 118.1(3) of the Income Tax Act (the Act), an individual may claim a tax credit with respect to a gift made to a registered charity. The amount of the tax credit is determined by the amount of the gift.
 
 
 
Knowledge Bureau Poll Question

Do you believe our tax system needs to be reformed and if so, what would be your first improvement? If not, what do you like about it?

  • Yes
    68 votes
    98.55%
  • No
    1 votes
    1.45%