New Mega Deduction a Good Start, But More Tax Reforms Are Needed
The Federal government has unveiled a Productivity Mega Deduction, which will provide immediate expensing under Capital Cost Allowance (CCA) provisions for a broad range of depreciable property, importantly on a permanent basis, for acquisitions on or after September 15, 2026. Check out the noteworthy exclusions are listed below. This tax reform is a good start, but much more needs to be done, especially for small business owners and average taxpayers to make Canada truly competitive across our tax base.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.
Sage Investing: RRSP’s TFSA’s OR RPP’s?
With the March 3 RRSP deadline around the corner, it’s time for an important primer on the three prime registered savings plans for Canadians are Registered Retirement Savings Plans (RRSP’s) Tax Free Savings Accounts (TFSA’s) and Registered Pension Plans (RPP’s). Why?
