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All items tagged with: education

Graduates in the News - Connie Zhu, DFA – Bookkeeping Services Specialist™

Posted: September 17, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking, Current Issue , tax preparation, Financial Literacy, bookkeeping course, distinguished financial advisor, financial education, DFA, bookkeeping services specialist, Graduates in the news, Nancy Folliott, Knowledge Bureau graduates, Connie Zhu

"When it comes to education, we are all looking for something different. Knowledge Bureau offers that variety”, states Connie Zhu, of Richmond, BC.

Cash Flow Crunch: Managing the September 15 Tax Instalment

Posted: September 10, 2018 By : Walter Harder & Beth Graddon
Posted in: Strategic Thinking , Financial Literacy, CRA, Financial Advisor, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, tax penalties, tax instalments, tax literacy, tax education, prescribed interest rates, Walter Harder, unpaid taxes, tax payment, taxes due

The September 15 instalment deadline is looming. Many dread yet another payment to the CRA; after all, it seems like only yesterday that personal and business taxes due over the spring and summer were paid! Now is the time for tax and financial professionals to contact clients, estimate taxes owing for 2018, and navigate through taxing times if there is a cash flow crunch.

Canada Caregiver Credit: The Missing Tax Link

Posted: September 10, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , Financial Literacy, CRA, tax credits, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, Essential Tax Facts, tax deductions, tax education, Canada Caregiver Credit, medical claims, senior caregiver, Family Caregiver Credit, Credit for Infirm Dependants, Compassionate Care Benefits, tax breaks

The Canada Caregiver Credit (CCC), new in 2017, is still poorly understood and a complicated tax break to explain. For these reasons, many Canadians have missed claiming it. Tax and financial advisors who really want to help families under medical stress can make a big financial difference will add it to their year-end review and adjust 2017 tax returns for missed claims.

Graduates in the News: Ian Wood, MFA, RWM

Posted: September 10, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , Financial Literacy, Evelyn Jacks, ce credits, master financial advisor, Real Wealth Manager, CE summits, online courses, online education, testimonial, Graduates in the news, Knowledge Bureau graduate, Nancy Folliott, Ian Wood

Ian Wood, Assistant Vice President, Business Development, at Cardinal Capital Management, Winnipeg, is a graduate of Knowledge Bureau’s Master Financial Advisor (MFA™) and Real Wealth Manager (RWM™) programs. He says that his Knowledge Bureau education has helped him differentiate himself from his competitors, by providing him with a more detailed understanding of tax and financial planning topics. Here’s his story.

Train for Work in the New Economy: Tax Advice vs Tax Preparation

Posted: September 10, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, Real Wealth Management, Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, tax filing, tax advisor, financial education, CE summits, financial advice, robo-advisors, Know Your Client, client-centric strategies, holistic financial planning, tax specialists

What is the difference between a tax preparer or practitioner and a tax specialist? In a word: advice. The tax preparation industry is in the midst of an enormous transformation, and new entrants must educate toward that change. But, why is that and what does that really mean?

Worth the Claim: Disability Tax Credits

Posted: September 03, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , Financial Literacy, Evelyn Jacks, Essential Tax Facts, Medical expenses, disability tax credit, caregiver credits, claiming medical expenses, caregiver, caregiver tax deducations, senior caregiver, disability

CRA audit activities extended to those who claim Disability Tax Credits (DTCs), especially diabetics and children with autism, has continued to raise the ire of taxpayers. The $1.3 Billion in tax relief has been inconsistently applied and retroactively disallowed. But if you qualify, you could go back and recover that lucrative tax credit – all the way back to 2008.