News Room

New Mega Deduction a Good Start, But More Tax Reforms Are Needed

The Federal government has unveiled a Productivity Mega Deduction, which will provide immediate expensing under Capital Cost Allowance (CCA) provisions for a broad range of depreciable property, importantly on a permanent basis, for acquisitions on or after September 15, 2026. Check out the noteworthy exclusions are listed below. This tax reform is a good start, but much more needs to be done, especially for small business owners and average taxpayers to make Canada truly competitive across our tax base.

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,

Life Purpose

“The difference between the richest man and the poorest is but a day of hunger and hour of thirst.” —Kahlil Gibran

Addressing the Threat of Artificial Intelligence in Financial Services

What has more value: Artificial Intelligence or the advice humans give to their clients? The debate is on at the Distinguished Advisor Conference, November 5 - 8 in Kelowna.

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,
 
 
 
Knowledge Bureau Poll Question

In your view is a comprehensive personal and corporate tax reform necessary to make Canada's economy stronger in response to trade wars?

  • Yes
    49 votes
    98%
  • No
    1 votes
    2%