News Room

Tax Tip: The More Obscure Medical Expenses

Are you claiming all the medical expenses you or your clients might be entitled to? 

Business to Save $500 Million with New Credit

Good news for business! Starting January 1, 2015, the new Small Business Job Credit will replace the Hiring Credit for Small Business that was lost to small businesses in 2014 and only available from 2011 to 2013.

EI Maximum Insurable Earnings Increase for 2015

The maximum insurable earnings for 2015 will increase from $48,600 to $49,500.

Proposed EI Premium Rates for 2017 and Subsequent Years

Starting in 2017 the annual EI premium rate will set at a seven year break-even rate.

Ontario Farmers: Donate Food, Get Tax Credit

Year end tax planning has a new bright spot for Ontario farmers, but its real dollar benefit will depend on whether or not the farming enterprise is incorporated.

Evelyn Jacks: Income Splitting for Canadian Families

Income splitting and higher limits to TFSAs could make a big difference in Real Wealth Management™ for Canadians families, reducing tax on income both today and in the future when retirement income is drawn completely tax free. 

Mark Your Calendar: October/November CE Events

Fall is the perfect time to focus on professional development. Take advantage of a number of upcoming live events and earn valuable CE credits with Knowledge Bureau.
 
 
 
Knowledge Bureau Poll Question

Do you believe our tax system needs to be reformed and if so, what would be your first improvement? If not, what do you like about it?

  • Yes
    68 votes
    98.55%
  • No
    1 votes
    1.45%