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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.
March 2025 Poll
In your view, has CRA improved its services to clients and tax preparers this year?
Deducting Disability Support
If you are disabled and incur expenses of an attendant or other disability supports purchased to enable you to earn employment or self-employment income or to pursue education, then you can claim the costs of disability supports on Line 215 so long as the expenses were not reimbursed.
Evelyn Jacks: Claiming Moving Expenses
It’s crunch time when it comes to tax filing. Most taxpayers will have received all their T slips – T4s, T3s, T5s, etc. and now it’s time to actually get it done.
Are We Richer Now Than We Were 30 Years Ago?
There has been a lot said and written about the state of the middle class, with some people claiming that we are worse off now than we were 30 years ago.
IRS to Tax Bitcoins and Other Virtual Currencies Like Property, Not Currency
Virtual currencies are becoming more and more popular and tax authorities throughout the world are considering how to handle them.
Scholarships, Bursaries and Fellowships May Not Be Taxable
Great news! Students who win awards to go to school now qualify for full tax exemptions, if they qualify for the full-time education amount.
