News Room

Tax Tip: The More Obscure Medical Expenses

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

DAC 2013 Distinguished Speaker: Richard Croft

Meet the top-class speakers Knowledge Bureau has gathered for our upcoming Distinguished Advisor Conference, November 10-13, 2013 in Ojai, California.

When Should You Transfer Your Assets?

Using our Tax-Efficient Assets Transfer Calculator, you'll understand the Adjusted Cost Base on disposition of assets and will be in a better position to determine when—at lifetime or death—to do so, and to whom. Try all Knowledge Bureau Calculators risk-free, today!

Ontario Budget Tinkers; Holds the Line on Taxes

The May 2, 2013 Ontario budget held the line on taxes but made some interesting changes that will directly affect Ontario taxpayers, especially those who count on tax credits to supplement income, and will reduce health taxes for small businesses as well, but this will be at the expense of larger businesses.

CRA Condo Audit Begins

Tax Audit Season is upon us and with it a warning for those who sold condominiums in 2012: The Canada Revenue Agency (CRA) is conducting an audit of condominium sales to check for non-compliance with the Income Tax Act (the Act).

The Onus of Proof: Details Are Required

Dr. Mike Orth Inc. v. The Queen 2013 TCC 123. Does solicitor-client privilege trump the CRA’s requirement for a detailed burden of proof?

Disability Tax Credit Promoters Restrictions Act

Last fall, Cheryl Gallant, MP for Renfrew-Nipissing-Pembroke introduced the Disability Tax Credit Promoters Restrictions Act, a private members bill to limit the fees charged for the preparation of Disability Tax Credit Applications.
 
 
 
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
    64 votes
    98.46%
  • No
    1 votes
    1.54%