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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.
August 2024 Poll
Effective August 1, new 30-year mortgage amortizations are available for first-time home buyers purchasing newly built homes. Will you recommend this option to your clients? Tell us why in the comments!
Knowledge is Power – Here Are Ways to Afford It
Knowledge is power, but education is expensive. What are the funding options? Join us in this first of a series to sort it all out. Bottom line: it depends on who you are and where you live. Our veterans, for example, have just had the lovely news that up to four years of free education at a post-secondary school may be possible.
Campgrounds Back in Tax News
CRA has provided an update to its audit position on campgrounds and the use of the Small Business Deduction when there are fewer than five full time employees. The degree to which significant additional services are “integral to the success of its business operations” will make the difference for campgrounds which do a bit of both: in fact the more services provided, the better the chances that the SBD may be allowed.
Poll is Close: Who Should Fund Child’s Education?
Knowledge Bureau’s August opinion poll is asking an important question about education funding and our readers are providing some thoughtful and vibrant answers; that’s why the poll results appear to be coming in neck and neck. What do you think?
Canada’s Would-Be Astronauts: What Financial Advice Would You Give?
Who knew Canadians are this adventuresome? Last week, CBC reported that close to 4000 people - most of them men – applied for one of two positions to be blasted into space. If any life event change speaks to the need for immediate tax, estate and family wealth planning, this would be it!
Qualified Tax and Accounting Professionals are in Demand
According to a recent survey by Robert Half, 2017 Salary Guide, Accounting and Finance, professionals with tax and audit experience are in particular demand in the public accounting sector and salaries in these areas are increasing. Tax accounting, in particular, is an excellent skill and a great “foot-in-the-door” to get experience and insights in an expanding industry.
