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All items tagged with: OAS

Sneak Peek! Add Tax Consultancy to Your Services

Posted: May 22, 2018 By : Knowledge Bureau Writing Staff
Posted in: Strategic Thinking , tax preparation, OAS, tax credits, knowledge bureau, Evelyn Jacks, tax filing, investment income, tax courses, CPP, employment deductions, tax education, tax software, online education, intermediate tax preparation, dependents

As the owner-manager of a thriving tax preparation, bookkeeping, accounting or financial services practice, your future success is dependent upon the knowledge and skills of your team, especially with technological advances. It's time to go beyond the basics and learn more about providing tax consultancy services. The newly updated Intermediate Personal Tax Preparation can help!

Retirement Planning: Avoiding OAS Clawbacks

Posted: April 06, 2018 By : Knowledge Bureau Staff
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.

Impacting Pre-Retirees: Notable CPP Changes

Posted: April 03, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , Financial Literacy, OAS, knowledge bureau, Canada Pension Plan, Evelyn Jacks, retirement planning, evergreen explanatory notes, old age security, tax courses, clawbacks, retirement income, CPP, tax education, retirement benefits, online courses, online campus, early pension, survivor pension, taxable income, income calculator, retirement and estate services, retirement income planning course

Did you know that there are more changes coming to the Canada Pension Plan in 2019? Most Canadians are unaware, and even those in the know find that the CPP planning process is quite confusing. There is opportunity here for tax and financial advisors to help bring their pre-retiree clients up to speed before the end of tax season.

Q2 Changes Expected: Prescribed Interest Rates and OAS

Posted: March 19, 2018 By: Walter Harder
Posted in: Strategic Thinking , tax preparation, Financial Literacy, CRA, OAS, Financial Advisor, knowledge bureau, Canada Revenue Agency, interest rates, Bank of canada, Evelyn Jacks, tax filing, old age security, tax courses, tax education, prescribed interest rates, Walter Harder, online education, overdue taxes, unpaid taxes, spousal investment loans

Although these won’t be announced officially for a couple of weeks yet, the prescribed interest rates and Old Age Security payment amounts are expected to change as of April 1. Here’s what we are anticipating, and why that’s so important for investment and debt management planning now:

Should OAS be deferred?

Posted: December 16, 2014 By: Walter Harder
Posted in: Breaking News , OAS, CPP income

This is a continuation from last week's article, "Are You Planning Retirement for your Clients?"