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STAY UP-TO-DATE WITH BREAKING TAX AND INVESTMENT NEWS.
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.
October 2024 Poll
October was small business month! Do you think more Canadians today are interested in starting their own businesses?
Introducing the 2025 Acuity Conference for Distinguished Advisors!
As we get ready to kick off Acuity 2024 in Montreal this weekend, we’re giving you a sneak peek of what’s in store for the 2025 Acuity Conference for Distinguished Advisors! We’re headed back to Puerto Vallarta November 23-26 and you can save 50% on tuition when you register by November 15 for Canada’s only top-tier multi-disciplinary conference for leading tax, accounting and financial services professionals.
Get Up to Speed on Year-End Tax Planning!
New Capital Gains Inclusion Rates Change the Game: are you prepared to help? Learn New Year-End Tax Planning Techniques from Our Special Guest Experts with the CE Savvy Summit, featuring live event recordings from the November 6 virtual sessions. This is an opportunity to upskill your knowledge, learn from Canada’s top experts an earn 15 CE Credits before year-end. Plus, you have an opportunity to earn your Diploma in Advanced Family Tax Compliance.
Bare Trust Filings: Are T3s Required for 2024?
Great news! CRA has a Halloween treat for tax accountants and their financial advisors this year: it will not require bare trusts to file a T3 return include Schedule 15 for both the 2023 and in the 2024 tax year. This confirms the position in the draft legislation released over the summertime and previously reported in Knowledge Bureau Report. Here’s the backdrop:
Ending Soon: Immediate Write-Off of Capital Assets Assets (DIEP)
An important tax write off is coming to an end in 2024. The claiming of an immediate write off for Designated Immediate Expensing Properties (DIEP) will come to an end this year. Here are the details:
Charities, Abortions and Reproductive Counselling
New legislation introduced on October 29 will require a registered charity that provides reproductive health services to disclose if, at a minimum, it does not provide the contact information for an abortion services provider and a birth control service provider. The new tax rules will apply 90 days after Royal Assent and information disclosure requirements will apply starting in the 2025 taxation year. Here’s what you need to know:
