Help & Contact: 1 866 953 4769
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?
New & In the Spotlight: Introduction to Trusts Course
For Canadian tax purposes there are basically two kinds of trusts: testamentary and inter vivos. A testamentary trust is one that arises on and in consequence of an individual’s death. An inter vivos trust is any trust other than a testamentary trust. Trusts have been thrust into the spotlight recently with new tax filing requirements. Knowledge Bureau has launched a new course to help advisors educate their clients. Here is a primer of what you will learn:
You’re Invited for an Introduction to Real Wealth Management
Are you interested in enhancing your value proposition and broadening your client service offering? Amplifying your referrals? Becoming a holistic wealth advisor? Then you may be interested in learning more about the Real Wealth Managers RWM™ Designation – a new designation that differentiates collaborative financial leaders in the marketplace. You’re invited to join us for a complementary virtual Lunch & Learn on March 2 at 12 PM CST to learn more!
Don’t Forget the RRSP Deadline!
It’s the dream of millions of working Canadians to one day go into retirement and enjoy the golden years at home or abroad, retire on their terms, and harvest the fruits of their labours. According to a pre-pandemic (Feb 2020) Scotiabank Retirement Survey, 68% of Canadians are saving for retirement and the average amount expected to be needed was about $697,000. This is less than the 2017 average of $753,000. But the pandemic has changed retirement planning even further, and it’s important to discuss this before the March 1 RRSP deadline.
CERB Audits and Appeal Rights
Recently, Canadians who received CERB in 2020 have been receiving letters from the Canada Revenue Agency (CRA), requesting further information to support their eligibility for CERB. It’s important to know that taxpayers have the right to appeal if they receive a reassessment with respect to repaying the Canada Emergency Response Benefit (CERB).
Tap Into Education Funding for Tax Season Training
Now is the time train new and returning employees for the upcoming tax season...did you know your training costs qualify for grants and funding? That includes those incurred through a Knowledge Bureau education.There are both granting and funding options available when you need to train staff in a hurry based on where you live. Here are the details.
