November’s Poll: Beware of Increased CRA Scrutiny on Sale of Principal Residences

Posted in: Strategic Thinking
Knowledge Bureau’s November poll was a no-doubter. An overwhelming majority of 87% answered yes to the question: “Do you agree that the new reporting changes for 2016 will result in significant audit activity on the disposition of principal residences?”

Get Ready for Tax Season as a DFA- Tax Services Specialistâ„¢

By : Knowledge Bureau Staff Posted in: Strategic Thinking
There is a growing demand for qualified tax specialists in the financial services sector. Knowledge Bureau’s DFA- Tax Services Specialist program™ will allow you to tap into this profitable career path and build your own professional practice. All it takes is six in-depth courses (180 hours) to earn your DFA-Tax Services Specialist™ designation, and you can get started immediately.

The January Advanced Personal Tax Update Workshop is Coming Soon across Canada

By : Knowledge Bureau Staff Posted in: Strategic Thinking
Knowledge Bureau’s Annual Personal Tax Bootcamp is coming soon: in six cities across Canada: January 17-25, 2017. Registrants are urged to reserve their spots early as seating is limited, and to take advantage of early-bird tuition reductions until January 10.

Life Purpose

By : Knowledge Bureau Staff Posted in: Strategic Thinking
"Life is 10% what happens to you and 90% how you react to it." Charles R. Swindoll

Clawback Planning for 2017

By: Walter Harder Posted in: Breaking News
Taxpayers who are subject to clawbacks of EI, OAS or personal amounts, have marginal tax rates that are significantly higher than other taxpayers at the same income levels.  When planning income levels in retirement, these inflated marginal tax rates need to be avoided whenever possible.

Net Worth per Adult Up 67% since 2000: Global Wealth Report

By : Knowledge Bureau Staff Posted in: Breaking News
Global wealth has increased by 1.4%, but net worth per adult has remained relatively unchanged in 2016, according to a new Global Wealth Report, by the Credit Suisse Research Institute. The net worth per adult has risen 67% since 2000; however, this growth rate flattened out in the period 2008 to 2016.