This Month’s Poll
Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?Make it CRA-Proof: June 15 Tax Filing Deadline for Proprietors
Other than the recording and documentation of business expenses, the most common area that causes problems for proprietors is the claiming of mixed-use expenses.
Fort Mac Residents: The Love Keeps Pouring In
With Fort McMurray residents slowly returning home to rebuild, Knowledge Bureau is pleased to make a donation of $11,250 on behalf of its students and staff. In addition, CRA announced special taxpayer relief for victims.
DAC 2016: All in All the Time: Leadership Lessons for Elite Teams
Knowledge Bureau is pleased to announce that Brent Gleeson, a Navy SEAL combat veteran with multiple tours to Iraq and Africa, and writer for Inc.com and Forbes.com will speak at the Distinguished Advisor Conference, Nov. 6 to 9 in San Diego. Early registration is now open until June 30.
Life Purpose
"Consult not your fears but your hopes and your dreams. Think not about your frustrations, but about your unfulfilled potential. Concern yourself not with what you tried and failed in, but with what it is still possible for you to do." Pope John XXIII
Retirement Tax Tip: When Job Loss Results in Early Retirement
Losing a job—especially unexpectedly—can be a difficult life event. You should know how to keep as much as possible of a lump sum that might come your way. The taxes on this lifeline can rob you of precious resources while you look for new work or arrange for your retirement income. There are also investment planning decisions to be made.
How to Increase Your OAS Payments
If you were subject to the OAS clawback on your 2015 tax return, your OAS cheques starting July 2016 will each be reduced by 1/12th of that clawback amount. But there is a way to reduce the recovery tax and increase your monthly OAS cheque.
