News Room

Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

Provincial Budget Round Up – Some Tax Cuts, But for How Long?

It’s provincial budget time and in this Special Report, Knowledge Bureau Report covers the highlights of five of them released since the beginning of February. 

CRA Service Levels: A Challenging Year Ahead

It could be a challenging year for the CRA with all the changes and postponements to the April 16, 2024 federal budget.

Tariffs Bring Worries, Resilience Indicators: Tax and Financial Pros

The tariff wars have begun along with early market reactions. How will this new environment affect your clients’ employment, investment, business and retirement plans? 

Mini CE Summits: You Can Still Participate!

Knowledge Bureau is pleased to present the Four-Pack!  Four in depth half day virtual Mini-Summits you can access immediately to brush up on your personal tax knowledge in time for tax season 2025!

Accounting Services Specialist Program

Do you enjoy solving problems, working with numbers and helping others?

Early Filers Beware!

The tax filing season officially started February 24 and as usual, early filers are anxious to receive their refunds.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    4 votes
    7.14%
  • No
    52 votes
    92.86%