Professional Online Training Available Now

Posted in: Strategic Thinking
Busy tax and financial professionals who are looking to train and hire graduates from Canada’s most  comprehensive and convenient professional certification program may enroll now, 24/7. 

People in the News: Benitta Anselm Nerio

By : Knowledge Bureau Staff Posted in: Strategic Thinking, CRA, knowledge bureau, Evelyn Jacks, Small Business, tax courses, tax changes, tax advisors, tax education, CE summits, Morneau, income sprinkling, online education, income tax preparation, income tax for business, tax for proprietorships, Benitta Anselm Nerio
We’d like to say congratulations to Benitta Anselm Nerio on the completion of Knowledge Bureau’s T1 Professional Tax Preparation – Intermediate course. Here’s what she had to say about her experience:

Warmest Wishes to You and Yours this Holiday Season!

By : Knowledge Bureau Staff Posted in: Strategic Thinking, President - Knowledge Bureau, knowledge bureau, Evelyn Jacks, Happy Holidays, holiday hours, knowledge bureau team
At this special time of the year, we like to pause to think about all we are grateful for, and that’s first and foremost our treasured relationship with you. Thank you for your commitment, your friendship and support.

New!  Check out the Official 2017 T1 and 2018 Income Tax Estimator

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax preparation, Financial Literacy, CRA, knowledge bureau, Evelyn Jacks, income tax estimator, tax calculator, tax courses, financial education, CE summits, Walter Harder, audit-proofing, income tax filing, personal income tax, online education, Canadian income tax calculator
Knowledge Bureau is pleased to release two important tools to assist taxpayers and their advisors with authoritative tax information that’s fast and accurate: the 2018 Income Tax Estimator in the Knowledge Bureau Toolkit, and the new T1 Return, which appears in EverGreen Explanatory Notes.

Anything But Simple: Morneau’s Income Sprinkling Rules Start January 1

By: Evelyn Jacks Posted in: Strategic Thinking, Financial Literacy, CRA, capital gains, knowledge bureau, Evelyn Jacks, family business, retirement planning, investment income, tax courses, financial advisors, retirement income, wealth management, tax changes, income splitting, tax advisors, financial education, tax reform, small business tax, Liberal government, Canadian income tax, Morneau, income sprinkling, family tax credits, reasonableness test, capital contribution, private corporation tax, incorporated business
It’s official, family income sprinkling rules will take effect January 1, 2018, and, unless a family member can show active participation under still-complicated reasonableness tests, distributions of income from private family businesses will be taxed at top tax rates, with none of the progressivity in tax rates available to individuals. This will require an immediate rethinking of resources available to the economic unit known as the family business.

It’s Better to Give…Before the First-Time Charitable Donor’s Super Credit Disappears

Posted in: Strategic Thinking, Financial Literacy, tax credits, knowledge bureau, charitable donations, Evelyn Jacks, tax courses, financial education, tax benefits, charitable donation claims, donating to charity, First Time Donor’s Super Credit, tax-efficient planning, tax incentives
In the spirit of the season, it’s heartwarming to know that the vast majority of Canadians are lending a helping hand to those in need. And what goes around comes around: be sure to inform your clients about tax credits they may qualify for, thanks to their generosity.