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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.
January 2025 Poll
Do you agree with extending the charitable donations giving deadline to February 28, 2025 for the purposes of reducing taxes on the 2024 tax return?
Introducing…A New Micro-Learning Experience with Knowledge Bureau
With the new CE Savvy™ Collections you’ll engage in a cool new format that allows for traditional, mobile and social learning, featuring gamification and personalized, data-driven results: keep track of your CE in your own learners dashboard. Plus, learn by collection (5 micro-courses at a time) or by annual subscription (the full professional library yours to select from any time 24/7).
CRA Strike: Essential Tax Services Need a Rethink
Stressful, time-consuming and important. Filing a tax return by the May 1 deadline is all of these things. Yet it’s necessary to receive income-tested social benefits. A recent analysis by the Canadian Centre for Policy Alternatives discovered a dismal take-up of two of them: the new Canada Dental Benefit and Canada Housing Benefits. It begs the question: is the striking CRA serving the needs for essential tax services well enough? Perhaps it’s time to consider a new solution to ensure delivery of important income-tested social benefits.
Immigration Influx Presents Business Building Opportunities
By 2025, the federal government intends to increase the annual influx of immigrants to Canada to 500,000 people. With more people coming from afar, faster, there are great new opportunities to scale up your business and help new immigrants with tax compliance and financial planning. Further, engaging with new migrants to build on their educational credentials, find good jobs and mentorship opportunities in the tax and financial services is a win-win, especially with new government job grants. Start with conversations about filing for refundable tax benefits:
GAAR Deadline May 31: Chime In to Preserve Self Assessment System
Last fall Canadians were asked to weigh in on the “modernization” of GAAR – General Anti Avoidance Rules – after the federal government suffered a series of 24 losses in court. The GAAR has now been introduced in the March 28, 2023 Federal Budget with a period of consultation, ending May 31, 2023. Those with energy left after a difficult tax season will want to weigh in before the government moves ahead. Here’s what you need to know:
Need Fast Answers to Your Clients’ Tax Questions?
The new KB Tax Tip Toolkit gives you fast answers to your tax questions and you’ll earn up to 30 CE credits using it, too! Receive three great solutions at one great price: professional tax research library, powerful tax planning calculators, and CE accreditation. Regular fee: $1,149… now until April 30 only $795.
