Knowledge Bureau News Network

Real Tax News Podcast View Poll
 

Subscribe to KBR




Financial Issues & Answers for Everyone

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.

This Week’s Edition of KBR:

This Month’s Poll

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?
Yes: 34 votes
31.19%
No: 75 votes
68.81%
 

Cast Your Vote

Real Tax News

Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

Read More

Strategic Response to Government Layoffs

Receiving a pink slip can be a traumatic event regardless of the workplace. Currently however, federal government layoff discussions are causing uncertainty as departments face budget cuts and restructuring. With proper planning, particularly during tax season, employees can turn this challenge into an opportunity for financial growth and career advancement. Consider the following checklist for conversation starters:

Read More

The Most Current Income Tax Courses on the Market for 2025 Returns and 2026 Planning

Hot off the presses soon! Knowledge Bureau is pleased to announce it is publishing its 2026 T1 Tax courses featuring the most up-to-date case studies on 2025 professional tax software and updates for 2025 and 2026 tax changes.  They are the most current tax courses available in Canada and best of all, they are available 24/7, online and at workplace training packages that feature customized learning and group discounts. 

Read More

Stuck? Overwhelmed? Out of Ideas? Take the Business Builder Summit!

Introducing the Business Builder Summit. . .we are excited to launch a new continuing education and professional development program of special interest to independent financial advisors and tax accountants, as well as up-and-coming entrepreneurial team leaders who are striving to build a high-growth financial services practice, but may be struggling to scale it cost effectively. 

Read More

Understanding the OAS Clawback

Seniors don’t take kindly to the clawback of their OAS (Old Age Security) especially in these inflationary times, but this can happen, especially if there was an unusual receipt of income during the past calendar year.  Here’s what you need to know to explain the consequences for 2025 and 2026:

Read More