News Room

No More Sworn Testimony, But Audits Are Still Stress Inducing

“That” Phrase: it’s one no taxpayer wants to hear – digitally or otherwise. “You’re being audited.” If you’ve had to deliver that news you’ll know that the reaction can range from indignity to shock to panic. Based on the latest piece of legislation before Parliament, you might have to tell more of your clients to buckle up, it’s going to be a bumpy ride. CRA will now have greater powers. Consider this:

Mark Your Calendar:  Advanced Family Business & Year-End Planning Workshop

Advisors who work with corporate clients, real estate holders and high net worth individuals will want to sharpen their knowledge in advanced tax, retirement, succession and estate planning strategies by hearing Canada’s leading experts on the subjects starting the last week of October.

Tune in to KBR next week for our Breaking News Issue…

On September 2, make sure you check out our Breaking News Issue of Knowledge Bureau Report.

Seven Great Ways to Fund Your Child’s Education, First of Two Parts

Average undergraduate tuition fees have risen to just under $6000 a year in Canada since 2010; an increase of 16% in just five years.

Disruptors and Innovators Hold Key to Success In a Changing Marketplace.

Rapid change and disruptive technologies are changing the rules of engagement for financial services in four major areas.

New Financial Regulatory Authority: Sweeping Powers with No Recourse to Appeal.

Financial advisors and members of the business community as a whole who are concerned about a greater anticipated role for financial regulation in Canada will want to track the progress of implementation of a new Capital Markets Regulatory Authority (CMRA) and participate in public consultation.

Six Tips for Determining Corporate Year-Ends

Personal tax planning for the Owner-Manager begins with corporate tax planning. As setting the fiscal year-end in the last have of the year can be very advantageous, this means corporate tax planning is now.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    12 votes
    25%
  • No
    36 votes
    75%