Knowledge Bureau Report


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.

Grads in the News: Iqbal Sidhu, DFA – Tax Services Specialist

Posted in: Strategic Thinking
As a newcomer to Canada, Iqbal Sidhu shares how his Knowledge Bureau education helped him transition into a new career path in professional tax filing as a result of his successful pursuit of the DFA – Tax Services Specialist designation:

CPP Premiums Going Up Soon – But There is Good News!

Posted in: Strategic Thinking
The most awaited tax change for the broadest base of taxpayers is the legislation allowing the government to automatically compute the Canada Workers Benefit (CWB) for tax year 2019. This benefit will replace the current Working Income Tax Benefit. But, it requires designated educational institutions to report for each student whether they are studying on a full- or part-time basis so that their eligibility for the CWB can be determined.

Uncertainty Lies Ahead in 2019: Tax, Benefit and Economic Changes

Posted in: Strategic Thinking
Happy 2019! Welcome back to Knowledge Bureau Report and to what’s sure to be a fascinating year for interpreting tax and financial news, based on recent stock market volatility and significant tax change. It’s an election year, too, so broadly misunderstood tax reforms recently introduced will likely re-emerge for debate. What lies ahead for 2019? Here are just some of the facts Canadians should know.

What Else Is New in 2019? Auto Expense Deduction Changes

By: Evelyn Jacks Posted in: Strategic Thinking
Did you check your odometer reading at the start of the year? Finance Canada confirmed its 2019 auto expense rates on December 27, but they don’t quite measure up to cover the carbon taxes that increase the cost of driving, including the increased gas prices as of January 1. Those who use passenger vehicles for business will be disappointed that their write-offs haven’t changed at all, unless a new vehicle was purchased after November 20, 2018.

Financial Pros Oppose Tax Credits for Journalism Donations

Posted in: Strategic Thinking
One controversial change o in the the November 21, 2018 economic statement was the proposal to provide taxpayers with a charitable donation credit for monetary gifts to non-profit journalism organizations. We asked tax and financial professionals their opinion on this hot topic: 78% of those who responded to Knowledge Bureau Report’s December poll voted to oppose this measure, hands down, even at a giving time of year.

CE Summit Delegates in the News: Ruth Horst

Posted in: Breaking News, Finance Canada News, Strategic Thinking
Ruth Horst from Hamilton, Ontario specializes in personal income tax filing and, as the early-bird registration deadline for this year’s CE Summit personal income tax update draws near, she shares how these workshops have provided important benefits to her role.