Debt Management Series: Mortgage Debt Management Matters

By : Marcia Elaschuk Posted in: Strategic Thinking, Debt Management, Real Wealth Management, President - Knowledge Bureau, Financial Advisor, Evelyn Jacks, Investing, tax courses, wealth management, financial education, CE summits, Marcia Elaschuk, mortgages, debt strategies, new mortgage rules, stress test
As of October 17, 2017 new mortgage rules were introduced that could change the way Canadians approach debt management. Advisors, we’ve prepared this resource to share with your clients so they understand how mortgages play a significant role in debt management strategies.

How Should You Manage CRA Tax Debt?

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Debt Management, Financial Literacy, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, voluntary disclosure program, tax debt, tax courses, debt and cash flow management, wealth management, Marcia Elaschuk, financial courses, CRA debt, PayPal, online business transactions, CRA interest, CRA penalties, income tax filing, business tax, T2 Tax Preparation for Small Businesses
If you owe money to the CRA, but you can’t pay, what is the best course of action? For example, if you or your clients use Paypal for business and were not previously reporting this income on your tax returns, the new CRA requirements may leave you in a position where you have to pay taxes you weren’t anticipating.

RSVP Now for DAC 2018 in Quebec City: The Focus Is on Diversity

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, DAC, knowledge bureau, Evelyn Jacks, distinguished advisor conference, tax courses, tax changes, financial education, thought leadership, advisor conferences, financial conferences, Canadian conferences, collaboration
Next year’s Distinguished Advisor Conference (being held in Quebec City, Nov. 11-14, 2018) will explore how the work of tax and financial advisors fits into a changing demographic landscape under the theme “The Changing Face of Community: Collaboration with Impact.” Registrations for delegates and speaker sponsors are now open, and we are asking for your input on the topics you’d like to explore more closely at the event.

Celebrate Financial Literacy Month and Enhance Your Education

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Literacy, knowledge bureau, Evelyn Jacks, tax courses, wealth management, tax education, financial education, Real Wealth Manager, entrepreneur, thought leadership, leadership courses, Executive Business Builder Program, adult education, financial courses, online courses, adult learning, financial literacy month, Malcolm Knowles, leadership training
November is financial literacy month, and it’s the perfect time to take advantage of educational opportunities before Knowledge Bureau’s December 15 registration deadline for Designation Programs.

New Tax Changes: Ontario Economic Statement

By: Evelyn Jacks Posted in: Strategic Thinking
The Ontario government released an economic statement on November 14 that reduces the small business tax rate, provides incentives for businesses with under 100 employees to hire 15 to 29 year olds and together with federal tax changes, significantly raises the marginal tax rates on passive income earned within a small business corporation upon distribution to individual shareholders.

US Tax Reforms Could Attract Top Canadian Talent

By: Evelyn Jacks Posted in: Strategic Thinking
In its first major tax reform in over 30 years, the United States is considering a package of tax changes that if passed into law, could significantly impact Canada’s ability to keep top talent and business ventures from moving across the border.