Help & Contact: 1 866 953 4769
STAY UP-TO-DATE WITH BREAKING TAX AND INVESTMENT NEWS.
A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.
July 2024 Poll
Starting in July, CRA will provide legal warnings to recover more than $9 billion of overpaid pandemic recovery benefits like CERB. Do you think that is fair?
Make Mother Nature Happy – Go Paperless
Have you gone paperless? Innovations in technology and a focus on process improvements have paved the way to making “paperless” a reality for those businesses interested in improving efficiencies.
Ontario Estate Taxes: Significant and Unexpected
Dynamic Elise Pulver, LLB, will address significant and unexpected changes to the Estate and Administration Tax Act, at the Distinguished Advisor Workshop, June 22 in Toronto.
How to defend against a Net-Worth Assessment
CRA has applied a net-worth assessment against your client, who now comes to you for help . . . and they are emotional and scared. What do you do first?
The Big Picture on Debt in Canada
Last week’s KBR reported on a recent Statistics Canada study, Changes in Debt and Assets of Canadian Families, 1999 to 2012, that confirmed a trend that Canadians are carrying more debt than ever before.
A CRA Net-Worth-Reassessment – Now What?
Canada’s tax system is based on self-assessment, but CRA has substantial powers and latitude to assess and reassess those returns as it sees fit, leaving the onus to prove otherwise with the taxpayer.
