This Month’s Poll
Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?Find Success Through In-Demand Job Opportunities: Start Your Tax Preparation Career
Looking for a career-building “back-to-school” project? Knowledge Bureau has developed a new introductory tax course
Win Your Way to the Distinguished Advisor Conference: a $2,000 Value!
It’s your last chance to participate in Knowledge Bureau’s trivia contest,
People in the News
Darren Ryan, an insurance and financial services professional in St. John’s, NL, shares his thoughts about attending last year’s Distinguished Advisor Conference
Knowledge Bureau Comments on Proposed Changes to the VDP
CRA is proposing changes to its Voluntary Disclosure Program (VDP). In response, Knowledge Bureau submitted the following comments for government review in advance of the August 8, 2017, consultation deadline:
Renting Part of your Home? Watch Your Tax Bill
Renting out the basement, or even just a room, in one’s home has long been a great way to tap into an additional stream of income to improve cash flow, enhance savings or reduce debt.
Foreign Asset Reporting
If your clients own assets abroad, they must submit Form T1135 Foreign Income Verification Statement to CRA to disclose whether they had “specified foreign assets” held during the year, if the total cost at any time exceeded $100,000 Canadian.
