This Month’s Poll
Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?After Basic Bookkeeping, Advanced Bookkeeping Is the Logical Next Step
Knowledge Bureau’s Advanced Bookkeeping for Multiple Business course is the logical next step for any bookkeeper to up their game and forge ahead in their career.
People in the News
Providing value to your clients: Andre Yong Tit Kow, DFA - Tax Services Specialist™, Ontario
Life Purpose
“The first responsibility of a leader is to define reality.” Max DePree
CRA Issues New Tax Collections Policies
The CRA has cancelled Information Circular IC98-1R5 and replaced it with a sixth version, which provides a new overview of CRA collections policies for individuals, corporations, GST registrants, employers and those who import or export or travel across borders. Advisors and clients will want to refresh on their obligations:
Interest Deductibility Varies on Investment Activities
When can you claim the interest on investment loans? It’s a common question but the answer depends on the investment for which you are borrowing money. In order to claim the interest when you borrow money to invest, your loan must meet three criteria.
Close to 90% Call for Raise in Allowable Auto Claim Restrictions
It was almost unanimous: 89% of responders to January’s Knowledge Bureau Report poll question agreed—the $30,000 cap on claiming luxury vehicles has long required a raise to reflect more accurately the price of cars this century. Here are the significant comments that accompanied the vote:
