News Room

Donation Deadline Draws Near

There is still time to give and save money: mark your calendar for February 28.  That is the deadline date to make cash, cheque, money order donations  to your favorite charity and claim the deduction on your 2024 tax return.

Weekly Thought Provoker — Financial Services Threats

Join our online discussion: What are the greatest threats to the future of financial services?

People in the News

Phyllis Mikolajek, a business and tax services professional in Winnipeg, had this to say about attending the Distinguished Advisor Conference

Business Community Warns Job Losses, Inflation Would Follow Minimum-Wage Hike

Last month, Knowledge Bureau issued the results of a poll indicating that financial professionals are firmly divided on the prospect of $15-an-hour minimum wage. Now the business community is having a similar debate

Important Deadline for Correcting Errors or Omissions on Tax Returns

Did you know that the CRA’s Voluntary Disclosures Program (VDP) is proposed to change soon, restricting the ability to correct errors and omissions within a 10-year period?

New Phishing Scam Targets Tax Preparers

Tax pros beware — fraudsters have developed a sophisticated new email scam designed to steal your tax software usernames and passwords.

Will Recent and Proposed Tax Reforms Hurt the Canadian Economy?

The federal government’s “hurry up” approach to major tax reforms in Canada needs to slow down to allow for careful analysis of the proposals and changes from all stakeholders,
 
 
 
Knowledge Bureau Poll Question

In your view will the new U.S. tariffs affect your clients’ business and retirement plans?

  • Yes
    1100 votes
    66.34%
  • No
    558 votes
    33.66%