All items tagged with: Financial Advisor
Posted in: Strategic Thinking, Current Issue , Financial Literacy, knowledge bureau, Evelyn Jacks, Tax Reforms, tax courses, distinguished financial advisor, Canadian economy, tax education, cross border taxation, entrepreneur, CE summits, Morneau, budget 2018, online campus, Canadian Competitiveness, US Tax Reforms, Trump small Business, foreign operated business
Canada’s workplace is changing and not just on our vast, thawing land. Home-based workers are able to earn their living around the globe, and despite uncertainty, the benefits offered by recent U.S. tax reforms are attractive to Canadian businesses and professionals seeking more competitive environments. For these reasons, May 15 is an important date.
Posted in: Strategic Thinking , Financial Literacy, capital gains, Financial Advisor, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, tax courses, tax deductions, refundable tax credits, interest, online education, interest on investments, deductible carrying charges, carrying charges, registered accounts, financial planning tax preparation
In Part 3 of this series on deductible investment expenses, we discuss costs that are not deductible – a mystery and a surprise to some taxpayers during a tax audit. Here’s more essential information to keep you out of hot water.
Posted in: Strategic Thinking , tax preparation, Financial Literacy, CRA, OAS, Financial Advisor, knowledge bureau, Evelyn Jacks, retirement planning, evergreen explanatory notes, tax filing, old age security, tax courses, clawbacks, retirement income, CPP, tax education, CE summits, retirement benefits, financial workshops, online education
Are retired Canadians turning to you for help when they’ve been subjected to Old Age Security clawbacks? If you are a professional in the tax and financial services industry, its your job to provide valuable advice to pre-retirees on this complex issue, and help them avoid the Pension Recovery Tax that could take a chunk out of their retirement income.
Posted in: Strategic Thinking , Financial Literacy, Financial Advisor, tax credits, knowledge bureau, income tax act, Evelyn Jacks, tax courses, tax advisor, Canadian Armed Forces, financial services, financial education, online education, online campus, Veterans Benefit, Reserve Force, retired military, civilian careers, Canadian Army Veterans' Education and Training benefit, careers, tax careers
Are you a Canadian army veteran looking for your next career opportunity? The new Veterans' Education and Training Benefit supports your educational pursuits in the tax and financial services. Knowledge Bureau courses and programs are eligible, and convenient: available online for continuous intake, 24/7. They provide new credentials for skills that are in high demand.
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, federal budget, tax courses, financial advisors, income splitting, tax advisors, financial education, small business tax, CE summits, Liberal government, Morneau, online courses, financial workshops, passive investment income, budget 2018, online campus
According to Knowledge Bureau’s March poll results, financial professionals agree that Budget 2018 misses the mark. Why do tax and financial advisors believe that simplicity and fairness, in particular, were not addressed, and what impact does this have on the services you provide?
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, income tax, tax courses, financial advisors, tax advisors, financial education, tax preparers, tax benefits, CRA audits, online education, Parliamentary Budget Officer, child tax benefits, claiming eligible dependents, CRA service standaards, tax claims after separation, tax claims after divorce, CRA customer support File My Return
Have the CRA’s service standards improved? Reports from tax professionals and their clients show progress this tax season. However, in light of increased audit activity, diligence and thorough documentation remain necessary - as this story from the field demonstrates – or you risk major financial consequences.