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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.
July 2024 Poll
Starting in July, CRA will provide legal warnings to recover more than $9 billion of overpaid pandemic recovery benefits like CERB. Do you think that is fair?
Ending Soon: Small Businesses Air Quality Improvement Tax Credit
The next scheduled date on which the Bank of Canada will announce its overnight rate target is October 26, 2022. In this, Part 2 of a series of three, we discuss monetary and fiscal policies that affect inflation. The Small Businesses Air Quality Improvement Tax Credit will soon expire and with it a lucrative return for those who improve their business premises. Expenses must have occurred between September 1, 2021 and December 31, 2022. Here’s what you need to know and share:
Impacts of Rising Prices from Monetary and Fiscal Policies
This is Part 2 of a series of 3 articles. In Part 1 we discussed common measurements of inflation and introduced some of the major causes of inflation. This background is important, so I encourage you to read the first article if you haven’t already. In today’s post, we will discuss monetary and fiscal policies that are affecting inflation. In Part 3, we will discuss strategies that we can use to help alleviate some of the pains from rising prices.
A Holistic Disruption Requires a Holistic Approach
A holistic disruption requires a holistic approach and it’s time for the tax and financial advisory community to collaborate more, not less, to help their clients face the real possibility of recession and increased financial pain in 2023. “It is our role to be sure our clients are prepared for both opportunities and threats,” says Evelyn Jacks, President of Knowledge Bureau and the first keynote speaker at DAC Acuity 2022 in Niagara Falls this past week.
DAC 2022 An Outstanding Event; Plans for Banff Nov 11-14, 2023 Announced
Distinguished Delegates at DAC 2022 were asked to get out of their comfort zones and make new, big goals to embrace what will be a difficult 2023 for their clients as a recession looms, CRA audits and recall of bank loans darken the horizon. At the same, time, however, there has never been a more perfect opportunity to add the highest value as professionals in the accounting, tax, bookkeeping and financial services. Twenty-four outstanding thought leaders made their case for building Velocity in anticipation of their enhanced services this year.
DAC 2022 Distinguished New Advisor of The Future Award Winner: Doug Buss
The 2022 Distinguished New Advisor of the Future Award Winner is a 35-year veteran of the financial services industry who has re-engineered his practice to epitomize what it takes to pivot and become the advisor of the future. Doug Buss, of Winnipeg, has 6 staff members at YourStyle Financial and plans to double his assets under management over the next 5 years.
