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 contributing to CPP when the individual began collecting retirement benefits at age 65.
• Trust Filing Rules – Bare Trust Arrangements: CRA proactively confirms relief by following Bill C-15 proposals, meaning no T3 filings are required for bare trusts with 2025 year ends.
• Trucking Sector – Lifting the T4A Penalty Moratorium: CRA begins immediate enforcement of T4A filing requirements for payments to incorporated drivers, with 2025 slips due by March 2, 2026.
• RRIF Minimum Withdrawal Proposal – Abandoned: The government confirms it will not proceed with the proposed temporary RRIF withdrawal reduction.
• CRA Service Improvements – Disability Tax Credit: Ongoing delays in processing Disability Tax Credit applications are reviewed, along with recent recommendations from the Taxpayer’s Ombudsperson to better support vulnerable taxpayers.

Watch the free 10-minute video now to stay informed, stay compliant, and stay ahead of the curve on issues that matter most to Canadian tax professionals.

Sources: https://www.videotax.com/web-tips-articles/life-in-the-tax-lane-january-2026

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Program Recorded: December 18, 2025

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