Gender Equality and Tax Rules Outlined Ahead of Fall Economic Statement

By : Walter Harder & Beth Graddon Posted in: Strategic Thinking, CRA, Canada Revenue Agency, gender equality, Canadian economy, finance canada, tax news, Morneau, Fall Economic Statement, budget 2018, Canada Workers benefit, Employment Insurance Parental Sharing Benefit, Climate Action Incentive Payment, carbon tax
Finance Canada will release its Fall Economic Statement on November 21, about a month later than it was last year. In the meantime, it released two important documents on October 25 and 29: A Notice of Ways and Means Motion and Bill C-86: the second Budget Implementation Act which together enable remaining initiatives outlined in the February 27, 2018 Federal Budget.

Tax Filing Delinquency: 8 Reasons to Catch Up Before Year-End

By: Evelyn Jacks Posted in: Strategic Thinking, tax preparation, CRA, Canada Revenue Agency, Evelyn Jacks, Essential Tax Facts, tax evasion, tax penalties, overdue taxes, tax deliquency, late tax filing, overdue tax returns
It pays to file outstanding tax returns before year end, not only to recover refunds that CRA may still owe you, but also to avoid paying penalties and interest that would be charged for gross negligence or in some cases, tax evasion. But also, when you don’t file on time, you miss out on important tax planning opportunities that may end for you on December 31. Here are 8 important reasons to review your return before year-end.

EI Enhances Parental Sharing Benefits

By : Evelyn Jacks & Beth Graddon Posted in: Strategic Thinking, employment insurance, finance canada, Parental Sharing Benefits, Maternity Leave, Paternity Leave, Parental Benefits, EI
Budget 2018 proposed a new five-week Employment Insurance (EI) Parental Sharing Benefit that will be available as a “use it or lose it” benefit top-up when both parents agree to share parental leave, starting March 17, 2019. Now Finance Canada offers further details with Bill C-86 on how the program will work to benefit Canadians.

The Changing Face of Charitable Giving in Canada

Posted in: Strategic Thinking, Strategic Philanthropy, tax incentives, philanthropy, DAC speakers, CAGP, donation, charity, Ruth Mackenzie, gift giving
According to recent tax filing statistics, charitable giving has been on the decline in Canada – except in Manitoba! But that doesn’t mean that generosity ceases to exist. Philanthropic investment trends are changing, and people are giving back in new and different ways. That provides an important opportunity for advisors to help clients with a philanthropic conversation, while deepening their own professional fulfillment.

Knowledge Bureau Launches 7 New Online Courses

Posted in: Strategic Thinking, Personal Tax, corporate tax, tax courses, investment courses, professional development, online courses, online education, retirement courses
Against the backdrop of high interest rates, complex tax changes and an economic climate that’s increasingly volatile, Knowledge Bureau has given professionals in the tax and financial services industry more tools to cope with their clients’ questions. With seven newly updated tax courses launching November 1, it’s an opportunity to enhance your education before year-end.