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Deadline Extended: Enhanced Universal Child Care Benefit (UCCB)

06 May 2015
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The Government has extended the deadline for families to apply for the new Enhanced Universal Child Care Benefit (UCCB) to May 15, 2015. Under proposed legislation, the Government is increasing and expanding the UCCB in 2015 by providing up to $1,920 per year for each child under...

What’s new for the 2014 tax-filing season?

17 Feb 2015
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CRA has published a document called “What’s new for this tax-filing season?” to illustrate some of the changes for the 2014 tax season. You can learn more and read the full text HERE. Some of the more notable changes include: The increase of the children’s...

2014 Canadian Income Tax Checklists

13 Feb 2015
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To assist you in gathering together your income tax information to submit to us for the 2014 tax year, we’ve updated our handy income tax checklists. They will help you organize your information and help you not miss important deductions. More organized information equals...

Top things families should know about taxes

05 Jul 2014
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Top things families should know about taxes http://ow.ly/uqICw

FACTA Update – IRS to Get Access to US Citizen Accounts in Canada

05 Feb 2014
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If you are a US citizen, your CDN banking info will make its way to the IRS due to FACTA. See the agreement reached today! http://ow.ly/tk3DH

Offshore Tax Informant Program

15 Jan 2014
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CRA says it will start PAYING informants for info on international non-compliance! Offshore Tax Informant Program (OTIP).

2014 Auto Deduction/Benefit Amounts

06 Jan 2014
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Dept of Finance has released the 2014 Auto Deduction/Benefit amounts. See them here. http://ow.ly/sk3hc

What You Should Know About Digital Currency

07 Dec 2013
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Do tax rules apply when using digital currency (like “bitcoins”)? CRA says yes: http://ow.ly/ryhRT #bitcoins #cra #tax

Top Ten CRA Audit Flags

05 Dec 2013
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Top Ten CRA Audit Flags: http://ow.ly/rv49N  

CRA Moving to Direct Deposit

26 Nov 2013
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Did you know that CRA is phasing out paper cheques?! We’ll all need to provide our direct deposit info soon if we still want our refunds!  http://ow.ly/rcS14
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