News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

Pre-Authorized Debit Payments Coming for EFILE

A new tax form has been released this summer, giving clients the ability to authorize CRA to reach into their bank account to pay a balance due. The new Form T1-83 for tax year 2016 was released online in the heart of the summer, on July 22, 2016, and it became available for print on August 3.

Delivery and Execution: The Privilege of Pressure

SOCHI, Russia. “Canada captured a historic fourth Olympic gold medal in women’s hockey Thursday with a 3-2 overtime win over the United States in a thrilling championship final.”

Strategic Partner in the News: Intuit

Knowledge Bureau is proud to announce the continued support of Intuit at the Distinguished Advisor Workshops in 2016/2017.

Life Purpose

"You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you." Maya Angelou

Tuition, Education and Textbook Credits: Use Them before You Lose Them

Hard to believe, but it’s back to school time and parents and students are already busy preparing for fall classes. Thank goodness there is tax relief for the expensive tuition fees and textbooks. But some of them will soon be lost, starting as soon as January 1, 2017. Are you up to speed on the changes?

Job Loss, Post-Secondary Education . . . and Lemonade

The big economic news published this month by Stats Canada was that for the period from the first quarter of 2015 to the first quarter of 2016, Canada’s job vacancy rate (the share of unfilled jobs over all jobs) declined in nine provinces and two territories. Yet by July of 2016, the unemployment rate increased by 0.1 % to 6.9%. So what’s the connection with lemonade?
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    10 votes
    17.54%
  • No
    47 votes
    82.46%