All items in: Breaking News

Find Success Through In-Demand Job Opportunities: Start Your Tax Preparation Career

Posted: August 18, 2017 VIA: Knowledge Bureau
Posted in: Breaking News, Strategic Thinking
Looking for a career-building “back-to-school” project? Knowledge Bureau has developed a new introductory tax course

Did you know? Fun financial facts for Canada’s 150th

Posted: June 27, 2017
Posted in: Breaking News
Happy 150th Birthday, Canada! We at Knowledge Bureau will be taking some time on this extra-special July 1 long weekend to celebrate Canada’s sesquicentennial, so just for fun, we thought we’d take a look at some financial highlights of the last 150 years.

Interest Rates on Their Way Up? Stay Tuned

Posted: June 23, 2017
Posted in: Breaking News
The prescribed interest rates set by CRA for the third quarter of 2017, July to September, have followed recent trends: there are no changes for the period except for a new 4.47% rate on an election made by foreign corporations regarding PLOIs, Pertinent Loans Or Indebtedness.

First Act to Implement 2017 Budget Now Law

Posted: June 23, 2017 By: Walter Harder
Posted in: Breaking News
On June 22, 2017, Budget Implementation Act, 2017, No 1 received Royal Assent and is now law. 

Real Estate Transactions Under Scrutiny at CRA

Posted: June 23, 2017 By: Evelyn Jacks
Posted in: Breaking News
The penalties have been huge on the over 21,000 files CRA has audited from April 2015 to March 2017: over 885 penalties totalling $17 Million were applied on close to $330 Million in unreported income, mostly in the Toronto and Vancouver markets.

TFSAs: A Tax-Free Gift from the Government

Posted: June 23, 2017
Posted in: Breaking News
As we approach July 1 and the Canada 150 celebrations, most Canadians who were due to receive a tax refund for the 2016 tax year would have received the funds by now. Be sure to suggest to your clients that they give themselves a big Canada Day gift by using those funds to top up their TFSA.