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:

April 2025 Poll

Do you believe our tax system needs to be reformed and if so, what would be your first improvement? If not, what do you like about it?
Yes: 54 votes
98.18%
No: 1 votes
1.82%
 

Cast Your Vote

STR:  What Residential Property Owners Need to Be Audit Proof

The federal government has introduced legislation to disallow the claiming of all expenses against rental income produced through non-compliant short-term rental ventures as of January 1, 2024. This applies to those who earn income through short-term rental platforms like Airbnb or VRBO. How can taxpayers ensure their short-term rentals become and remain compliant?  This is important because of the vast new audit powers CRA has in this regard. 

Read More

Interest Costs: Remain Compliant with Tax Planning Strategies

Writing off interest costs in the 2024 tax year?  Consider the implications of recent jurisprudence and the New General Anti Avoidance Rules in structuring plans to ensure interest expenses are deductible, especially if it involves a family home.   What’s important is that the object, spirit and intent of the law is followed.

Read More

Rookie Tax Training School: Families, Employees & Investors, January 29

One week until Rookie Tax Training School focused on families, employees and investors. This half day event drills down on key tax filing tips and traps for tax season 2025 and will take a detailed look at the tax forms, including late form releases from CRA, and is ideal for anyone new to personal tax filing and especially valuable for career development in the tax preparation, public accounting or financial services industries. Register now and upskill your team for the upcoming tax season. Your tuition includes access to Canada’s Income Tax Fundamentals Course.

Read More

Register by Feb 15 and Earn New Specialized Credentials as a Distinguished Master Advisor™!

The DMA™ Distinguished Master Advisor is a technical specialist in one or more financial disciplines: personal tax, corporate tax, accounting, or small business management and business transition services. Register by February 15 to earn new specialized credentials that build confidence, bring new solutions and build new networks!

Read More

New!  Earn a New Certificate in Lifecycle Transitions Planning

Especially for experienced financial services professionals as part of a comprehensive workplace training plan! Earn a new Certificate in Lifecycle Transitions Planning. Choose 15 cool new interactive mini-courses – one hour in length - from a selection of 80 modules.  There’s one important focus:  to help you engage more effectively in tax-efficient wealth management conversations during this period of significant – and potentially expensive – tax change in Canada.  Here’s what you need to know:

Read More