Truckers Beware: CRA Audits Coming
Effective December 4, 2025, the CRA has officially lifted the moratorium it has extended in the transportation industry and intends on levying penalties for failure to report fees paid for services for the 2025 tax year and subsequent tax years. Here’s what you need to know:RPP, RRSP OR TFSA? Workplace Pensions Have an Effect on Savings
Do RPPs and RRSPs act as substitutes for one another in retirement savings patterns? At first glance, this appears to be so, based on a new study released this week by Statistics Canada. The big finding is that workers who are self-directed savers benefit less than their co-workers who don’t tend to save enough for retirement when RPP contributions automatically increase.
Gratitude: A Holiday Message from Knowledge Bureau
How time flies when you’re having fun! The end of 2015 is fast approaching, and what a wonderful year it has been working with all our amazing students and strategic partners at Knowledge Bureau. We want to take this opportunity to wish you a very happy holiday and thank you sincerely for sharing knowledge with us in so many ways!
Finishing Both Wealthy and Well: It’s the Important Concept This Time of Year
Year end is a great time to reflect on your accomplishments: at work, in your family and in your personal life. For advisors, the power of the storytelling over eggnog and holiday treats can lead to important insights to help clients make the right decisions about their time and money; a key message recently delivered by Todd Hynes, Vice President of Sales at Ivari.
Navigating Cross-Border Tax Issues
The new T1135 Foreign Income Verification Statement was released last week, and it requires attention by clients who hold offshore assets. It will be discussed in detail at the Distinguished Advisor Workshops, being held January 20-25, 2016. However, cross-border issues in general present a significant opportunity for tax and financial advisors.
