2018 Budget Overview: Specific Personal Tax Provisions

By : Knowledge Bureau Reporters Posted in: Strategic Thinking, federal budget, 2018 Federal Budget, Federal Budget Canada, Personal Tax Provisions
Review specific personal tax provisions announced by the Government in the 2018 Federal Budget.

2018 Budget Overview: Specific Tax Provisions for Business

By : Knowledge Bureau Reporters Posted in: Strategic Thinking, federal budget, 2018 Federal Budget, Federal Budget Canada, Business Tax Provisions
New 2018 Federal Budget includes business tax provisions addressing tax changes for business income.

2018 Budget Overview: Additional Tax Provisions

By : Knowledge Bureau Reporters Posted in: Strategic Thinking, federal budget, 2018 Federal Budget, Federal Budget Canada, Additional Tax Provisions
Review additional tax provisions announced by the Government in the 2018 Federal Budget.

Tax Tip: Three Tax Secrets for RRSP Investors

By: Evelyn Jacks Posted in: Strategic Thinking, tax preparation, Financial Literacy, CRA, tax credits, investments, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, rrsp, tax filing, tax courses, taxpayer, financial courses, federal income tax, online education, contribution deadline, RRSP deduction, net income, income tax estimator calculator
March 1, 2018 is an important date for savvy taxpayers:  don’t miss topping up your RRSP contribution by this deadline. It’s a great investment for your retirement, of course, but it’s so much more powerful:  there are, in fact, three additional tax secrets most people don’t know about that can help you improve your finances.

Rising Interest Rates on the Horizon: Who Will Feel the Impact?

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, knowledge bureau, interest rates, Bank of canada, Evelyn Jacks, tax courses, financial education, mortgage rates, mortgage stress test, online education, mortgage renewal
Interest rates are rising and Canadians are already feeling the pinch in paying down their operating lines.  Owing the taxman can add to the burden.  The Bank of Canada’s next interest rate announcement is March 1 and for some, the trend is already uncomfortable. Debt management is key.

Tax Time: Canada’s Income Tax System Is Here to Stay

By: Evelyn Jacks Posted in: Strategic Thinking, Financial Literacy, CRA, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, CPP, tax education, financial education, history of income tax, tax history, online education, War Income Tax, Canada’s income tax, federal tax, middle income
The first tax returns of the year will be processed on February 26 this year.  February 28 is the last day to catch up your filings and preserve appeal rights under the old Voluntary Disclosure rules that allow for full interest relief.  That means tax deniers or procrastinators must step up now.