Navigating Auto Expense Deduction at Year End: What Clients Need to Know

Doubtless you’ve had clients ask whether they can write off any portion of their vehicle for work or business purposes. And your answer, as always, is: “It depends.” The rules are worth reviewing at year end as they can vary significantly depending on how the client earns their income—employee, self-employed, or incorporated – and this is a deduction that’s often audited. Here’s a practical primer to guide that conversation.

Meet Kathy Lloyd, MFA Succession and Estate Planning Specialist.

We’re celebrating the Luck of the Irish all month at Knowledge Bureau.  Enter our draw for a real pot of gold! 

The 2015-2016 Manitoba provincial budget is scheduled to be tabled on April 30, 2015, but some of the goodies are already out of the bag.

There is very little that sends butterflies flitting through the stomach like that little brown envelope from CRA saying “we would like to take a closer look at your tax returns.” 

We all make mistakes, but what are the chances of accidently setting your original Will alight without the intention of revoking it?

Retirement planning is changing in Canada, but Canadian seniors are yet to catch up with them.