September 2024 Poll
“Are you concerned about taxpayer rights now that the Federal Government has proposed to expand CRA powers to requests for oaths and affidavits at audit and a new Notice for Non-Compliance with significant penalties attached? Tell us why or why not!”Poll Results: Delays in Refund Processing has a Negative Impact
CRA started processing refunds later than in the past this year, on February 26. We asked Knowledge Bureau Report readers what they thought of that, given that refunds would now be delayed into March. The good news is that the CRA does seem to be abiding by the ten-business-day turnaround promised.
Business Growth & Development: The Important Role of Accountants
Are you a small-business owner thinking about hiring a highly qualified bookkeeper? Or perhaps you are thinking about expanding your own skills and credentials to handle your own financial matters better in house? Getting your business affairs and tax information in order is very important as CRA is clamping down with increased audit activities these days.
Dr. Michael Graham: Wisdoms from the Street
Guest columnist Dr. Michael Graham, two-time guest lecturer at Knowledge Bureau’s Distinguished Advisor Conference, muses about the economic and political volatility of the day and what Canadian investors can expect as March gathers steam, post-federal budget. Early registration for this year’s outstanding 15th Anniversary DAC is March 15 – RSVP now.
It’s Your Lucky Day: A Special St. Patrick’s Day Offer Just for You
You don’t have to be Irish to experience some luck this St. Patrick’s Day. Take advantage of our “Luck of the Irish” Special, available now until March 31st 2018.
DAC: The Changing Face of Community–Collaboration with Impact
DAC is Canada’s pre-eminent educational event for the top wealth advisors in the tax and financial services.
As an industry and as individuals lucky enough to live in Canada, it’s a great time to work “above our privilege” - that is, to set higher goals, improve services and to give back more in mentorship and engagement to a new client base with vastly different demands of their tax and financial advisors.
Tax Tip: Avoid Clawback of Your EI Benefits
Are you a high-income earner—perhaps an executive, or seasonal construction or oil rig worker—who may suffer a loss of employment? For the 2017 tax year, the base amount for EI repayment is $64,125. The amount is indexed year over year and if you get caught with income over this, you’ll likely be unpleasantly surprised when you file your 2017 return . Here’s why:
