Morneau Drops Details on Income Sprinkling Today

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax preparation, Financial Literacy, knowledge bureau, tax returns, Evelyn Jacks, retirement planning, Tax Reforms, tax courses, tax changes, tax education, financial education, tax preparer, financial conference, CE summits, Morneau, bookkeeper, tax workshops, personal income tax, T1, income and deductions, personal residence tax, property and investment tax, rental tax, unincorporated business taxation, Joanne Sigurdson
Finance Canada will release new details on their “simplified” proposals on family income splitting today at 1:00 p.m. EST.  Knowledge Bureau Report will provide full commentary in its next edition and at the January CE Summits, which will travel to six cities in January.  Check out the detailed agenda and register now to secure attendance as this event sells out quickly.

Labour Report Points to Financial Services Employment Opportunities

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, retirement planning, tax courses, financial education, Real Wealth Manager, self-employment, retirement statistics, Executive Business Builder Program, online courses, entrepreneurs, employment opportunities, Labour in Canada, Labour Statistics, employment rates in Canada, starting your own business
Last month Statistics Canada released a report titled “Labour in Canada,” citing statistics from the 2016 census. Employment rates, average earning potential, part-time work trends, and the number of older workers still in the workforce all point to promising opportunities for employment in the tax and financial services industries especially, which offer high earning potential for this demographic.

Joanne Sigurdson: CE Summits Promote Financial Business Growth and Thought Leadership

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax preparation, Financial Literacy, knowledge bureau, tax returns, Evelyn Jacks, retirement planning, Tax Reforms, tax courses, tax changes, tax education, financial education, tax preparer, financial conference, CE summits, Morneau, bookkeeper, tax workshops, personal income tax, T1, income and deductions, personal residence tax, property and investment tax, rental tax, unincorporated business taxation, Joanne Sigurdson
Business leader, coach and Knowledge Bureau author Joanne Sigurdson hosted a workshop at Knowledge Bureau’s fall CE Summits that wowed the audience with new thought leadership and inspired the business builders who attended to “think bigger” as they contemplate their plans to expand their careers and businesses in 2018.

Find Valuable, Meaningful Work in the Tax and Financial Sector

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax preparation, Personal Tax, Tax Planning, Financial Literacy, knowledge bureau, Evelyn Jacks, tax services specialist, Bookkeeping, tax courses, wealth management, financial services, financial education, financial services professionals, year-end planning, bookkeeping services specialist
Canadians working in the financial services have been the largest contributor to the national earnings increase, according to Statistics Canada November 30 survey on Payroll, Employment, Earnings and Hours.  The gains were particularly impressive in the professional, scientific and technical services: average weekly earnings were up 3.4% to $1,354; growth driven by accounting, tax preparation, bookkeeping and payroll services with notable increases in Ontario and Quebec.

Tax Pros Confirm: CRA Increasingly Aggressive with Audit Practices

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, CRA, Financial Advisor, tax credits, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, income tax, tax courses, taxpayer bill of rights, financial education, tax preparer, filing tax returns, tax deductions tax audits, taxation issues, CRA audits, tax refunds
The majority of tax and financial services professionals agree: CRA has stepped up audit activity on returns of average Canadian tax filers.  Knowledge Bureau Report’s November poll found this trend emphasizes the value that financial and tax preparers can offer to Canadian taxpayers, as they grapple with a less-than-satisfactory experience with their tax department.

Amidst Outcry, CRA Announces Support for DTC Claimants

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, CRA, Financial Advisor, tax credits, knowledge bureau, Evelyn Jacks, disability tax credit, Tax Specialist, tax courses, distinguished financial advisor, financial education, Disability Advisory Committee, Type 1 Diabetes, Disability Tax Credit form, tax relief, Diabetes Canada
Canada Revenue Agency (CRA) has again come under fire for its policies for assessing the claims of people with Type 1 diabetes who previously qualified for the Disability Tax Credit (DTC). However, it is defending its policies as being consistent.