June 15 Filing Deadline for Proprietorships: Brush Up on Tax Change Now

Posted in: Strategic Thinking, CRA, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, Small Business, Bookkeeping, tax courses, tax changes, financial education, tax software, tax reform, entrepreneur, Strategic Thinking, accounting courses, online education, small business statistics, department of labour, labour report, audit, payroll courses, income tax returrns
Small businesses in Canada are responsible for employing 8.2 million Canadians, which is 70.5 percent of the total labour force.1 Recent tax changes impacting small-business owners require broader, deeper tax knowledge for accurate, audit-proof returns. It’s time to brush up on audit-proof tax filing skills now in advance of the June 15 final filing deadline.

Thank You to Our DAC Partner: Franklin Templeton Investments

By : Knowledge Bureau Writing Staff Posted in: Strategic Thinking, Financial Literacy, DAC, knowledge bureau, Evelyn Jacks, distinguished advisor conference, ce credits, cpd credits, financial advisor conference, financial education, financial conferences, Quebewc conferences
Knowledge Bureau is pleased to announce that Franklin Templeton Investments will be joining us again as a partner for the 15th annual Distinguished Advisor Conference (DAC) taking place in beautiful, historic Quebec City, November 11-14, 2018. You won’t want to miss two important educational sessions offered by Franklin Templeton.

Helping Seniors: Understanding GIS Clawbacks

By: Evelyn Jacks Posted in: Strategic Thinking, Financial Literacy, tax credits, knowledge bureau, Evelyn Jacks, guaranteed income supplement, old age security, clawbacks, income splitting, financial education, CE summits, Knowledge Journal, tax efficient income, claiming benefits, financial workships
Exactly when can a claim be made for Guaranteed Income Supplements (GIS)? Many seniors who qualify for Old Age Security may, in fact, be able to make a further claim for the GIS. But there is some income testing to be aware of. Astute tax and financial advisors can help, thereby providing invaluable advice.

Canadian Debt Solutions Demanded: Personal Debt Hits $2 Trillion

By : Evelyn Jacks and Knowledge Bureau Staff Writers Posted in: Strategic Thinking, Debt Management, Financial Literacy, knowledge bureau, interest rates, Bank of canada, Evelyn Jacks, Essential Tax Facts, cash flow management, financial education, reducing debt, financial calculators, online campus, debt consolidation, Canada's debt, steven Polaz, mortgage interest
Canadian personal debt levels are now at such an alarming level, that most Canadians can’t even comprehend the size of the rising figure: $2 Trillion, as of last week. As part of their best interest duties to clients, financial advisors need to broach this uncomfortable subject, as things could get worse in the near future.

New Sneak Peeks! Help Proprietors with Professional Credentials

By : Knowledge Bureau Writers Posted in: Strategic Thinking, Human Resources, hst, knowledge bureau, succession planning, Evelyn Jacks, tax courses, financial education, business expenses, online curriculum, T1 proprietorships, tax for small business, partnership, taxable gains, tax reforms to small business
The June 15 tax filing deadline for unincorporated businesses is coming up soon. The “gig” economy is a vibrant, growing market - especially for millennials - but many have trouble connecting with credentialed professionals to provide them with sound tax filing and planning advice. Now there is a win-win solution.

Retirees Returning to the Workforce: Understanding Employment Trends and Debt

By : Marcia Elaschuk Posted in: Strategic Thinking, Debt Management, Financial Literacy, knowledge bureau, Evelyn Jacks, tax savings, financial education, Baby Boomers, Marcia Elaschuk, job opportunities, employment statistics, retirees, employment trends, budget
One third of Canadian retirees are in debt to the tune of $19,000, on average. In fact, more retirees are returning to the workforce to address these debt levels and improve standards of living later in life. Now more than ever, especially with interest rates on mortgages and tax debt rising, addressing debt management is an integral part of professional tax accounting and financial planning services.