Ernst & Young's tax guide is the industry standard
TORONTO, March 8 /CNW/ - In a sure sign that tax season is upon us, Ernst
& Young's Guide to Preparing 2006 Personal Tax Returns was published today by
the Canadian Institute of Chartered Accountants. The annual guide is eagerly
anticipated each year by tax professionals across Canada.
The unique guide is designed to assist tax preparers by combining Ernst &
Young commentary with the CRA reference materials they need. Handy reference
tables make it easy to look up tax rates, relevant interest rates, foreign
exchange rates, treaty withholding rates, registered plan contribution limits,
CCA rates, penalties and offences, and more - all in one easy-to-use book.
"The reference materials tax professionals need are all in one convenient
location, for improved quality and cycle time during the busy T1 season," says
Gena Katz, FCA, Tax executive director at Ernst & Young.
The guide includes a unique "knowledge map" for each line of the federal
T1 return, which provides extensive cross-references to tax legislation,
relevant jurisprudence, CRA publications, other T1 lines, and related
reference tables. "Ernst & Young has extensive experience in preparing
personal tax returns," says Ms. Katz. "We understand what is needed to
complete tax returns accurately and efficiently, and use the guide ourselves
in preparing more than 10,000 personal tax returns each year. Ernst & Young's
Guide to Preparing 2006 Personal Tax Returns captures our knowledge and
experience, making it an invaluable addition to a tax preparer's library."
Ernst & Young's Guide to Preparing 2006 Personal Tax Returns is available
in both print and online editions. The print edition includes a reference CD
that contains a searchable version of the book, along with all referenced
source materials. The Internet edition reproduces all material in the print
edition and links to more than 50,000 cross-referenced documents, thousands of
CRA rulings and cases, legislative references, and Department of Finance
To order a copy of Ernst & Young's Guide to Preparing 2006 Personal Tax
Returns, contact the Canadian Institute of Chartered Accountants at
1-800-268-3793 or go to knotia.ca/store/06t1eypr.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to
restoring the public's trust in professional services firms and in the quality
of financial reporting. Its 114,000 people in 140 countries pursue the highest
levels of integrity, quality and professionalism in providing a range of
sophisticated services centred on our core competencies of auditing,
accounting, tax and transactions. Further information about Ernst & Young and
its approach to a variety of business issues can be found at
ey.com/perspectives. Ernst & Young refers to the global organization of member
firms of Ernst & Young Global Limited, each of which is a separate legal
entity. Ernst & Young Global Limited does not provide services to clients.
For further information:
For further information: Nichola Petts, Media Relations, Ernst & Young
LLP, (416) 941-1813, firstname.lastname@example.org