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.
Did you know that over 100,000 Canadian workers are in the gig economy? These important new growth engines in the economy are often people who are dissatisfied with their current work experience. However, as new entrepreneurs, they need professional guidance from tax and financial advisors to survive and growth. Plus, they may soon be paying EI premiums too. It’s a good space to get into if you are in the business of attracting new clients to your practice. Here’s why:
Our November Poll asked our readers to reflect on the tax consequences of deemed dispositions on terminal returns, specifically for RPP pension recipients and over 75% were in agreement with this question: “Registered Pension Plan contributions are added to income in full on final returns of singles or widows/widowers. Would it be fairer to average this lump sum over the 24-month period prior to death?” Some of your comments follow:
The First Annual Virtual Pension Conference for CCPCs hosted by Knowledge Bureau and Integris and sponsored by Richardson Wealth took place on November 30 with rave reviews! Check out some of the golden nugget moments experienced by the event’s virtual attendees. It might just inspire you to learn more and share your knowledge with your clients by signing up for the Personal Pension Planning certificate course.
Do you have complex tax questions difficult to find on the CRA website? Are you too busy for long wait times on the phone with CRA? At Knowledge Bureau we have a great solution to help you save time and money and answer more tax questions from your clients with confidence. Plus, it links directly to all pertinent CRA forms, guides, folios, the Income Tax Act and much more!
Trouble finding qualified help for tax season? Canada’s most comprehensive and popular advanced personal tax update is now taking registrations for the January 19 Virtual event featuring what our delegate call the “Tax Bible” – the comprehensive desk top reference coveted by tax and accounting professionals from coast to coast. Train new and returning staff in a new and improved hybrid live and online course that will help you to shake out the cobwebs and drill down on the detailed tax theory or “dark horses” as well as all news from CRA and Finance Canada for filing 2021 tax returns. Register by December 15 and receive a free lunch!