Life in the Tax Lane (Canada)

11:17

October 2026 - The Productivity Mega Deduction

Life in the Tax Lane (Canada) ·

2026/10/01

October’s episode of Life in the Tax Lane is here!Hugh calls it the “Super Deluxe Mega Grandiose Superb” edition. The name is a mouthful, but the proposed Productivity Mega Deduction gives the team plenty to discuss. They also cover disability benefit payments, GST/HST issues on property flips, a US tax decision impacting US foreign tax credit claims and a CRA collection notice worth taking seriously.Take 10 minutes to get up to date on what is new in the wonderful world of Canadian

en-us

11:19

September 2026 - When Can CRA Reopen a Statute-Barred...

Life in the Tax Lane (Canada) ·

2026/09/01

September’s episode of Life in the Tax Lane is here!Back-to-school season comes with a few lessons for tax practitioners too. This month, the Video Tax News team looks at cautionary court cases, practical CRA guidance on voluntary disclosures, and one heroic accountant whose recordkeeping made all the difference.Take 10 minutes to get up to date on what is new in the wonderful world of Canadian tax.This month's episode covers:Life Insurance – Return of Premiums: Could a client getting their

en-us

11:19

August 2026 - Court Decision Raises Questions for...

Life in the Tax Lane (Canada) ·

2026/07/30

August’s episode of Life in the Tax Lane is here!What does a recent Alberta court decision mean for executors seeking access to digital assets? How could CRA's response to privacy breaches affect tax practitioners? And what should you know about trust reporting, overlooked GST input tax credits and dispute resolution?These developments have practical implications for estate administration, taxpayer privacy, GST compliance, trust reporting and tax disputes. In this month's episode, Cait and

en-us

14:07

July 2026 - Could a Missed CRA Online Notice Cost...

Life in the Tax Lane (Canada) ·

2026/07/02

July’s episode of Life in the Tax Lane is here!Could a missed CRA online notice cost your client the right to object? When do repeated missing T-slips trigger penalties? And what do the latest CRA guidance on the Voluntary Disclosures Program and recent court decisions mean for your practice?These are practical developments with real implications for compliance, dispute resolution and tax planning.In this month's episode, Cait and Hugh discuss these issues and more, including recent

en-us

11:16

June 2026 - Bill C-31 – Second Budget Bill Introduced...

Life in the Tax Lane (Canada) ·

2026/06/02

June’s episode of Life in the Tax Lane is here!Are you prepared for the new tiered corporation dividend refund rules? What about the recent CRA guidance affecting carbon rebate adjustments and GST/HST on mutual fund trailing commissions?These are practical developments with real implications for compliance, planning and client service.In this month’s episode, Cait and Hugh discuss these issues and more, highlighting what tax professionals should be watching for as several significant

en-us

10:48

May 2026 - Canada Groceries and Essentials Benefit –...

Life in the Tax Lane (Canada) ·

2026/05/05

May’s episode is now live!What happens if a prior tax return is incorrect? Is the taxpayer required to fix it? And when does CRA contact eliminate access to the Voluntary Disclosures Program (VDP)?These are practical questions with real client implications.In this month’s episode, Joe, Caitlin and Hugh break down these issues and more, highlighting what tax professionals should be watching right now.Take 10 minutes to get current after a busy season.This fast-paced episode covers:Canada

en-us

10:46

April 2026 - First-time Home Buyers’ GST/HST Rebate |...

Life in the Tax Lane (Canada) ·

2026/04/01

April’s episode of Life in the Tax Lane is here!As personal tax season accelerates, take a moment to watch this episode highlighting recent legislative changes, CRA administrative updates, and court decisions with direct implications for current files and near-term planning. It is a quick way to stay informed, and you might even win a hoodie.This episode discusses: First-time Home Buyers’ GST/HST Rebate – Now Open for Application: earlier effective date than originally proposedSimpleFile

en-us

11:20

March 2026: Canada Groceries and Essentials Benefit,...

Life in the Tax Lane (Canada) ·

2026/03/03

March’s episode of Life in the Tax Lane is here!As personal tax season intensifies and inboxes fill faster than they can be cleared, take a 10-minute break from T1 triage to review recent legislative action and court decisions with direct implications for compliance, documentation, and reassessment risk. This episode covers:Canada Groceries and Essentials Benefit: This benefit replacing the GST credit and providing enhancements with increased payments coming soon. Mutual Fund Trailing

en-us

11:13

February 2026 - Crypto-Assets Reviews and Audits |...

Life in the Tax Lane (Canada) ·

2026/02/03

February’s episode of Life in the Tax Lane is here!With Valentine’s Day approaching, the Video Tax News team shares a timely roundup of tax issues that may not be especially romantic, but are front of mind as filing season approaches.This fast-paced episode covers:Crypto-Assets Reviews and Audits: CRA is intensifying audit activity, focusing on non-filing, underreporting, and weak documentation around crypto transactions.Crypto-Assets – Income or Capital Gains?: A recent court case

en-us

10:20

January 2026 - Cancellation of OAS Enrollment |...

Life in the Tax Lane (Canada) ·

2026/01/06

January’s episode of Life in the Tax Lane is here!Happy New Year! Join the Video Tax News team for a timely roundup of key tax developments as we head into 2026.This fast-paced episode covers:Cancellation of OAS Enrollment: A Federal Court of Appeal decision underscores the strict deadlines for cancelling automatic OAS enrollment.Election to Stop Contributing to CPP: The Tax Court provides welcome clarity where Service Canada processing delays threatened to invalidate the election to cease

en-us

11:00

December 2025 - First-time Home Buyers' GST Rebate –...

Life in the Tax Lane (Canada) ·

2025/12/02

December’s episode of Life in the Tax Lane is here!Join the Video Tax News team for a quick roundup of the latest tax developments. This fast-paced episode covers:First-time Home Buyers' GST rebate, including a retroactive contract date change that could mean up to $50,000 in savings.Automatic tax filing starting in 2025 for select low-income individuals—who qualifies and how it works.Failure to make electronic payments, CRA providing relief for clients who still rely on cheques.Tax payment

en-us

11:01

November 2025 - Auditor General Report on CRA Contact...

Life in the Tax Lane (Canada) ·

2025/11/04

November’s episode of Life in the Tax Lane is here!Join the Video Tax News team for a quick roundup of the latest tax developments. This is a great way to stay sharp before the Budget news begins to roll in.In this edition, the Video Tax News team covers:Auditor General Report on CRA Contact Centres: Key findings discussedCRA Services – 100-Day Plan: What’s changing and how it affects your practiceDraft Legislation – Filing Requirements for NPOs: Why even the smallest clubs may soon need to

en-us

11:18

October 2025 - Trust Disclosures | Moving Expenses –...

Life in the Tax Lane (Canada) ·

2025/09/29

October’s Life in the Tax Lane is ready! October has arrived, and with the “Monday of months” (September) behind us, we can turn our attention to the latest tax updates for tax professionals. In this edition, the Video Tax News team covers:Trust Disclosures: Some deemed trusts within NPOs must file, but they don’t need to list members as beneficiaries. Certain investment trusts also face disclosure rules.Moving Expenses – Travel Distance: Courts confirmed it is acceptable to use technology

en-us

11:16

September 2025 - Trust Reporting – Draft Legislation...

Life in the Tax Lane (Canada) ·

2025/08/26

Back to School with September’s Life in the Tax Lane! September is almost here, and while kids are heading back to school, it’s also time for tax professionals to brush up with the latest updates. In this edition, the Video Tax News team covers:Trust reporting – new draft legislation, evolving filing requirements, and penalties tied to Schedule 15 disclosures.CRA authorization for individuals – recent changes to the process and a new method for representatives.CRA call centre frustrations

en-us

11:11

August 2025 - Canada Carbon Rebate for Small...

Life in the Tax Lane (Canada) ·

2025/07/22

Summer’s in full swing, but before you head back to the patio, don’t miss this month’s Life in the Tax Lane for your quick hit of essential tax news!This episode of Life in the Tax Lane delivers key Canadian tax updates in just 10 minutes. Topics include the proposed tax-free treatment of the Canada Carbon Rebate for small businesses, CRA’s administrative stance on reporting fees for services, and potential implications for not-for-profit organizations selling underutilized property.The

en-us

11:11

July 2025 - First-Time Home Buyers’ GST Rebate |...

Life in the Tax Lane (Canada) ·

2025/06/25

This episode of Life in the Tax Lane delivers key Canadian tax updates in just 10 minutes. Topics include a proposed GST rebate for first-time home buyers, potential U.S. tax changes affecting investment income, CRA’s administrative stance on mandatory electronic payments over $10,000, and updates to the Canada Disability Benefit.The presentation also highlights CRA’s backlog of uncashed cheques, a new taxpayer relief tool, and the meaning behind CRA’s “nudge letters.” With practical

en-us

11:30

June 2025 - New Government – Tax Changes? | Personal...

Life in the Tax Lane (Canada) ·

2025/05/29

The June edition of Life in the Tax Lane is here! In this month’s episode, the Video Tax News team covers key updates following the federal election, including proposed tax changes, CRA enforcement, automatic individual tax filing and a review of the corporate tax system. Learn what the drop in the lowest personal tax rate means for payroll and credits.We also address CRA’s incorrect capital gains exemption assessments and how to protect objection rights.Plus, CRA is rolling out mandatory

en-us

11:22

May 2025 - Delayed Tax Slips | Repeated Failure to...

Life in the Tax Lane (Canada) ·

2025/05/01

The May 2025 edition of Life in the Tax Lane is now available — packed with timely updates every Canadian accountant needs to know. In this fast-paced 10-minute episode, the Video Tax News team covers:CRA’s tax slip upload delays — T1 season is not done yet!Repeated failure to report income — how missing slips can lead to big penaltiesCRA updates on trust and bare trust reporting — and what to fix from last yearA real-world T1135 case — foreign assets, missed filings and steep

en-us

10:49

April 2025 - Gig Workers| Federal Carbon Tax |...

Life in the Tax Lane (Canada) ·

2025/04/02

April's Life in the Tax Lane is Now Available!Just when Canadians thought spring had arrived, Mother Nature threw us a curveball with late-season snow, ice storms, and enough potholes to keep our suspension shops busy across the country. As we shovel out (again!), dodge those springtime craters, and gear up for a busy tax season, set aside 10 minutes to catch the latest edition of Life in the Tax Lane! This free, fast-paced video, designed for Canadian tax professionals, delivers insightful

en-us

10:48

March 2025 - Personal Tax Filing Statistics |...

Life in the Tax Lane (Canada) ·

2025/03/04

As the personal tax season kicks off—and with March weather keeping Canadians guessing—there’s no better time to catch the latest edition of Life in the Tax Lane! This free, fast-paced 10-minute video for Canadian tax professionals delivers insightful discussions on key tax developments from the past month.This month, the Video Tax News Team dives into the busy personal tax season, exploring the surge in working-from-home expense claims, new disclosure requirements for online digital

en-us

All Episodes

Similar Podcasts

TaxTalent.com The Golden Rule Podcast

Adam Golden

TaxTalent.com Podcast

Tony Santiago

Best of Business

Newstalk ZB

Ouribank

Ouribank

SoldiOnline

Mondadori Digital