News Room

Elbows Up: The Time for Personal-Corporate Tax Reform is Now

One can’t avoid the messaging of the economic pain to come. Our deteriorating economic relationship with our biggest trading partner will require us to “pivot and prosper” in order to emerge “stronger and more resilient” says our Prime Minister. While exactly how we will do this is still unclear, there is one clear opportunity: for both federal and provincial governments to initiate a significant personal and corporate tax reform in the upcoming fall budget.

Eight Factors in Deductibility of Support Payments

Last week, KBR took a look at the case of Blue v. the Queen in the Tax Court of Canada, in which the deductibility of support payments was challenged by the CRA. The leading case on the matter of deductible support payments is The Queen v. McKimmon [1990]. The following commentary summarizing the criteria was submitted by Greer Jacks.

Life Purpose

Be curious. Enjoy the process. Marvel at life and its richness as you go along. Dr. Susan Biali, M.D.

Last Chance to Enrol in Advanced Tax Update Workshop

Learn all the details behind the lines on the 2015 T1 return. But hurry: registration ends Friday January 15.  Designed for the busy tax and financial professional, Knowledge Bureau’s Advanced Tax Workshop is custom-designed to provide the most recent advanced updates from CRA and Finance Canada and to shake out the cobwebs in time for tax season. Ideal for training new and returning staff, too.

Become a Certified Tax Practitioner: Start Online Today to Earn Your Diploma

The time is now to earn a diploma as a Certified Personal Tax Practitioner. These professional credentials offer you the chance to have a current and well-rounded educational experience and get work in a career that’s in high demand.

TaxCycle: DAW Sponsor Bringing Financial Advisors Into the Future

Knowledge Bureau is pleased to announce that TaxCycle will join the January Personal Tax Update Workshop tour as a national sponsor. Founded in January 2010, Calgary-based Trilogy Software Inc. creates tax software for accountants and tax professionals.

Happy New Year

Knowledge Bureau wishes all our readers a happy, prosperous and healthy 2016.  We look forward to interpreting and sharing the latest breaking, tax and financial news with you this year. As always, we look forward to your feedback and comments on our articles and poll question.
 
 
 
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
    36 votes
    100%
  • No
    0 votes
    0%