Knowledge Bureau Report
LEARN MORE. EARN MORE. SHARE MORE.

Real Tax News Podcast View Poll
 

Subscribe to KBR




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.

This Week’s Edition of KBR:

March 2025 Poll

In your view, has CRA improved its services to clients and tax preparers this year?
Yes: 1 votes
1.92%
No: 51 votes
98.08%
 

Cast Your Vote

How to defend against a Net-Worth Assessment

CRA has applied a net-worth assessment against your client, who now comes to you for help . . . and they are emotional and scared. What do you do first?

Read More

The Big Picture on Debt in Canada

Last week’s KBR reported on a recent Statistics Canada study, Changes in Debt and Assets of Canadian Families, 1999 to 2012, that confirmed a trend that Canadians are carrying more debt than ever before.

Read More

A CRA Net-Worth-Reassessment – Now What?

Canada’s tax system is based on self-assessment, but CRA has substantial powers and latitude to assess and reassess those returns as it sees fit, leaving the onus to prove otherwise with the taxpayer.

Read More

Did You Know…

An outcry from Hollywood means Ontario will delay tax credit cuts.

Read More

TFSA and RRSP: Collaborative Investing is Key

In deciding which of the two tax preferred investment vehicles should be used for various lifecycle purposes – the TFSA or the RRSP - advisors and their clients should carefully consider all the advantages of investing in and withdrawing from each vehicle.

Read More