How Will Tax Audits of the Future Develop?

How will Tax Audits of the Future Develop?   Knowledge Bureau CE Savvy Summit audiences heard fascinating presentations this week on tax changes to know from recent draft legislation, including the dramatic shift in the balance of power in favor of CRA vs the Taxpayer.  This is very concerning especially as we learn more about the proposed new Notice of Non-Compliance Rules.  It’s not too late to sign up for the Knowledge Bureau’s CE Savvy Summit and Audit Defence Course for access to the complete recorded presentations on these complex provisions and learn how new powers will dominate in the relationship a taxpayer and their accountants have with CRA. . . and what to do about this. Plus, you have an opportunity to earn your Diploma in Advanced Family Tax Compliance!

See What Our Attendees Had to Say!

“Knowledge Bureau always provides the most current information I require as a tax professional to support my clients. The content was very well presented with calculations and scenarios to support the material.  The sessions were all well-presented!“  - Kareen Rekowski

“Excellent place to get information about taxation and government policies that affect tax and investment strategies.” – Robert Litschel

“These summits are so vital to us as bookkeepers and tax preparers.  The amount of information that is provided in the events is, sometimes overwhelming, but so important.  For me as a business owner, I will always promote the attendance of the summits.” – Joanne Brelis

“Today was one of the best summits or seminars I have attended. I will certainly be attending more of them. There was a wealth of information and tips to go forward with. Thank you to all for today.” Melissa Van Heurn

“KB always does a phenomenal job of choosing presenters with in-depth knowledge & the ability to convey that knowledge.” – Brenda Anderson

“This is my first time attending a CE Savvy Summit and I found it to be so informative.  I am an auditory learner and having the requirements about the new CGIR and the proposed sweeping powers of the CRA when it comes to audits synthesized and presented succinctly with concrete examples was so helpful to my understanding.  That is why I would recommend CE Summits and Knowledge Bureau to others. I found the topics presented to be so relevant and informative.  I am a sole proprietor who is slowly building my business and it was nice to hear from people with a wealth of experience in this industry.  I also really enjoyed hearing about RWM.  It is something I do with my clients without realizing I was.  I may need to look more closely at the RWM program through Knowledge Bureau.” – Stewart Grant

“Evelyn, every tax workshop I attend has me leaving more educated in my profession than before I sign on.  You are a wealth of knowledge and I thank you for allowing me to be a part of your organization as a Designation Graduate.  You are the best!” – Irene Arnold

“Good, current, useful, practical information that can be implemented/practiced immediately; presented in a cohesive and understandable format; presenters know their stuff and share info well.” – Barb

“There is a lot to learn about finances and knowledge bureau provides us with in depth insights. the evergreen notes are invaluable and very thorough. I appreciate the fact that the presentations are recorded and I can review them at my own pace and time.” – Robert D’Alessando

“I really liked the flow of the workshop today. I feel like I am walking away with a lot of useful information and a better understanding of these topics, without the day feeling heavy. The breaks were much appreciated!” – Ashley Henderson

“Presentations are always great and professional, material is available on the KB website on our portal and is available for review.” – Jean Gaudry

“Always such great speakers and a lot of great take a-ways to grow your business.” – Tammie Gilbert

“Evelyn is very informative and effectively communicates the material. The guest speakers were knowledgeable and well prepared which allowed for ease of understanding. I liked learning about how to better prepare clients for possible audits. I appreciated the incorporation of the legal perspective and the wholistic perspectives.” – Jeet Kumar

“It's nice to have a breakdown of information that would normally take hours to get through by other means, and let’s be honest if I was to look for this information through other means I would get lost in the meanings etc. I got to sit in my jammies and have all the answers at my fingertips” – Cathy Losing

“Always good information and exchange of ideas.  Professionally done every time” -Barbara Rice

“Good speed for delivery and full of valuable information.” -Leanor Davidson

“Very well organized, very topical areas of tax planning and wealth building and great knowledge for clients.” – John Adams

“I really enjoyed listening to Evelyn Speak. It really makes me want to meet with my staff to make sure that we are doing everything that we can to protect ourselves and our clients. Are we scanning and documenting enough information from each client? Are we communicating enough with our clients?” – Ashley Henderson

“I know of a number of clients that need to hear what we heard today. The changes can be overwhelming. Capital Gains Tax Changes ...Audit preparedness to name a couple

It is imperative to have a good overview of the changes and new rules. The burden is on advisors and individuals to be aware of the importance of seeking a professional who is well aware of the firehose of traps. No one does these tax summits better!”  – Paul Vaneyk

“Educating your client and audit proofing is mandatory as CRA audit powers are expanding and more people will be impacted in an audit process.  Audits will require more professional services including tax lawyers.  Appreciated the Dos and Don'ts in preparing for an audit.”  – Kareen Rekowski

“I loved, loved, loved Anna as a speaker!  The fact that she went back to the basics regarding why audits are necessary.  Some of the reasons why individuals and businesses are audited was my big takeaway from this session.  But the amount of information and detailed explanations given in 'lamens' terms so to speak was absolutely fantastic!”  - Joanne Brelis

“Very useful and resourceful information to protecting clients and taxpayers rights.” – Valentine Hulaj

“Wow - Need to attend more summits!!!!! This was an incredible informative session. I think we get to comfortable in assuming we know rules and or rites. I guess CRA is more like toddlers - if you think of it they can make it happen. So yes, this was quite an eye opener. Today's whole summit has been fantastic. Thank you Anna for the session. Great topic and thank you for taking the time to be part of today.” – Melissa Van Heurn

We’d also like to say congratulations to our prize winners!

Leah Clarke will be attending the November 6 CE Savvy Summit: Year-End Tax Planning with our compliments! And, Augustine Usuwa takes home the grand prize winning registration into the Advanced Family Tax Compliance featuring the next 4 CE Savvy Summit events.

Earn a new Diploma in Advanced Family Tax Compliance!

The program provides critical technical studies for professional tax accounting and financial advisors whose clients are facing increasing tax audit risk with recent changes for capital gains dispositions, rental property ownership and family business succession.

The new Diploma is earned when students enrol to participate in 4 CE Savvy Summit events concurrently and complete the accompanying courses provided. The schedule is as follows:

• The Audit Defence Course for Investors and Business Owners (September 18, 2024)
• The Year End Tax Planning Course for Investors and Business (November 6, 2024)
• The Advanced Personal Tax Update Course (January 15, 2025)
• The Advanced Retirement and Estate Planning Course (May 21, 2025)

Students have a maximum of three months after each event to complete the online courses and will earn 60 CE Credits. Registration is required by September 15. A $100 early registration reduction is possible off the program fees of $1560.

VIP Certificate Holders receive an extra $100 off; VIP Designates an extra $200 off.

For those who wish to attend the CE Savvy Summits on an individual basis, this is possible however the Diploma is only issued on completion of all 4 events/courses.