Knowledge Bureau Report

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Knowledge Bureau is your leading financial education network. We cover the most current issues in the tax and financial services landscape, interpret them and bring the highlights right to you. You’ll learn about taxes, investing, retirement, estate and business planning.

Stay in the know with the Knowledge Bureau Network. Get breaking news by email, use practical tools for answers, read influential blogs, take quizzes, watch short financial lessons, learn professional skills online, at regional workshops and conferences.

What Expenses Can Commission Salespeople Claim?

By: Evelyn Jacks Posted in: Strategic Thinking, Current Issue
Employees who earn their living negotiating contracts for their employers or selling on commission may claim certain itemized sales expenses.  In all cases, however, receipt keeping is key; as is the availability of employer-signed Form T2200 Declaration of Conditions of Employment in case of audit.

Pre-Budget Analysis: Finance Canada Priorities

By: Evelyn Jacks Posted in: Strategic Thinking, Current Issue
A Federal budget date is expected soon after Prime Minister Trudeau and Finance Minister Morneau return from this week’s meetings with the new U.S. administration.

Understanding Your Credit Score and Credit Worthiness

By : Marcia Elaschuk, DFA-Bookkeeping Services Specialist Posted in: Strategic Thinking, Current Issue
Which Canadian age group has the best credit scores?  Which has the worst?  What is yours and how can you improve it?  Knowing what is in your credit report is important.  If you have a poor credit history, it could be harder for you to get a credit card or a loan.  It could even affect your ability to rent a house or get hired for a job.

Cross Border Tax Changes for 2017

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Current Issue
Several new tax filing changes should be noted by advisors working with Canadians who have assets in the United States or U. S. citizens living in Canada.

DAC:  A Strategic Look at The Crossroads of Change in The Financial Services

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Current Issue
At a time when governments are more closely monitoring changes in global GDP growth, the effect of protectionism, rising commodity prices, currency fluctuations and sluggish business investment and their effects on the long-term financial well-being of Canadians, the 21st century wealth advisor needs to better understand the strategy behind the tax efficient investment recommendations made to the families he or she works with.  That’s the key reason why attendance at DAC is critical to your success.

NEW!  Stay onside with CRA with a New Certificate in Advanced Payroll Preparation

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Current Issue
The technical side of payroll, if done incorrectly, can cost both the employer and the employee unnecessary and unexpected tax remittances, interest and penalties from the Canada Revenue Agency. You can be the professional to solve these concerns by starting a new certificate course online this week.