News Room

Downsizing Your CRA Tax Files?

Happy New Year! If one of your resolutions for 2026 is to downsize, or at least sort through all that stuff you don’t need anymore, you may inevitably run across those tax files you’ve been keeping for decades. Just how long do you have to keep them? Do you need permission to destroy them? From whom? Read on to learn more. 

Working with Older Clients? You’ll Want to Understand the Use of Trusts

Recent tax changes require forethought in planning for high-income earners, and in the preparation of final returns for deceased single taxpayers.

Procrastinators with Proprietorships: Tax Filing Deadline Looms!

Boomers and Millennials beware:  if you are a new sole proprietor a tax deadline looms this week. 

Life Purpose

Inspiration is not the exclusive privilege of poets or artists generally.

Interest Rate Hike and Issue for Small Business

Debt is the number-one financial issue in Canada today, and things are about to get more urgent for mortgage holders and business owners who have significant debt. 

Make Hay While the Sun Shines! Time for Summer School

Time to sign up for summer school with an early registration incentive at Knowledge Bureau. 

People in the News

Dong Wook (Andrew) Choi, DFA-Tax Services Specialist and MFA-Business Services Specialist knows why improving your professional education is so important this summer: 
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    79 votes
    84.95%
  • No
    14 votes
    15.05%