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A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.

This Week’s Edition of KBR:

This Month’s Poll

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?
Yes: 8 votes
6.9%
No: 108 votes
93.1%
 

Cast Your Vote

Real Tax News

Need Help with Business Expansion?

Canadian business owners and advisory professionals are facing mounting pressure in a rapidly changing economy, especially in the tax and financial services. Many entrepreneurs are trying to make the decision: sell or scale to grow? It’s well worth the investment of a half day at the Business Builder Summit to think more deeply about your future in your industry.

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Acuity 2026 Brings Together Canada’s Leading Multidisciplinary Advisory Community

The Acuity Conference for Distinguished Advisors (DAC) is Canada’s preeminent conference for advisors from the tax, financial services and it will be held in Victoria, B.C. November 22–24. Be sure to join one of Canada’s most unique multidisciplinary educational and networking experiences and save money by registering before June 30.  

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Late Filing Penalties: Talk About It!

While most T1 returns are in the hands of the Canada Revenue Agency (CRA) by April 30, we know many are not. In fact, millions of returns were still outstanding as of mid-May. Late-filing clients they need to know about the consequences, especially if they owe. Here’s a rundown to be aware of:

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File Taxes Before Benefit Loss

If you still have clients who have yet to file their 2025 income tax returns, they may be cheating themselves. There are benefits which are being left on the table and that’s money they could use.

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Untangle the Tax Webs: Cross Border Issues

Does your client base include businesses looking to grow into the U.S. market? Perhaps you have clients looking to expand or retire into the U.S., snowbirds, people who want to make a permanent move south or who have multijurisdictional families? 

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