This Month’s Poll

The automobile deduction limits raised — the CCA ceiling for passenger vehicles to $39,000 plus tax for 2026. In your opinion, is that high enough?

Is your estate planning up to date so that your final wishes will indeed be carried out?  If not, things may not pan out, as the courts take matters into their own hands.

Canada has a taxation system that is based on self-assessment.  We are required to accurately assess income, deductions and credits, filing our tax returns on time, or face penalties, interest and/or jail in serious instances. 

New Income Tax Estimator Can Help Last week CRA issued the 2015 TD1 Personal Tax Credit Return and the corresponding provincial forms. 

This Week:  It’s a Tax Question:  Win A $100 Gift Certificate Be one of 10 recipients of a  $100 gift certificate towards any Knowledge Bureau online course. Hurry – this is the last chance to win until the new year.  You can only win once - so be the first one to answer this question correctly.  Here’s the question: What is the net income amount at which the Old Age Security received by a senior is completely clawed back for 2014?    

Knowledge Bureau’s November Poll Question attracted close to 200 respondents to the question: Do You Think the New Family Tax Cut Provisions will Help Canadian Families Save and Invest More for the Future? 

Grow your business with the DFA - Tax Services Specialist™ Designation. Join Knowledge Bureau in congratulating Patricia Bailey in achieving her DFA - Tax Services Specialist™ Designation. Patricia Bailey DFA - Tax Services Specialist™. "My clients are more confident in the work I do for them because of this designation" Patricia is located in Milton, Ontario.  Her company is approximately 3 years old with a growing client base. “Achieving this designation has equipped me with the knowledge needed to grow and succeed.”