CRA cries Mea Culpa

I suppose this belongs in the category of ‘we didn’t need a report to tell us that’, but the Canada Revenue Agency recently released an internal report that found its own communications were “poorly organized, confusing, unprofessional, unduly...

Never Too Late to File Your Taxes

Over the years I have helped many people to catch up on their taxes, in some cases going back the maximum allowable of ten years.  Yes, you can file tax returns as far back as 10 years and they will be accepted by the CRA. In many cases I have met people who had...

Year end is Donation time

It is year-end time again but it is not too late to make your 2012 donations. Any donation receipted by a registered Canadian charity on or before December 31 will be eligible to claim on your 2012 tax return.  If you are uncertain as to the eligibility of the charity...

Good news for new OAS Applicants

You may have heard of the pending new Old Age Security (OAS) rules that will be coming into effect on July 1, 2013. The rules are quite clear for those turning 65 after July 1, 2013 as they will have the option to defer taking their OAS and increasing their future...