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All items tagged with: online campus

Canadian Debt Solutions Demanded: Personal Debt Hits $2 Trillion

Posted: May 08, 2018 By : Evelyn Jacks and Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Debt Management, Financial Literacy, knowledge bureau, interest rates, Bank of canada, Evelyn Jacks, Essential Tax Facts, cash flow management, financial education, reducing debt, financial calculators, online campus, debt consolidation, Canada's debt, steven Polaz, mortgage interest

Canadian personal debt levels are now at such an alarming level, that most Canadians can’t even comprehend the size of the rising figure: $2 Trillion, as of last week. As part of their best interest duties to clients, financial advisors need to broach this uncomfortable subject, as things could get worse in the near future.

After April 30: Tax Deadlines for Snowbirds, Proprietors and Investors

Posted: May 01, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Financial Literacy, CRA, knowledge bureau, Evelyn Jacks, evergreen explanatory notes, tax courses, tax education, CE summits, online education, Knowledge Journal, online campus, Canadian tax deadlines, US tax for snowbirds, Canadians living in the US, IRS, tax for proprietors, self-employed tax deadline, T1 proprietorship

It’s the season when many Canadian snowbirds who spend the winter in the United States return to Canadian soil. Timely, as there is also an essential tax deadline for these individuals coming up soon. Learn more about this deadline, and other essential dates that tax and financial advisors must address now that the April 30 personal income tax filing deadline has passed.

Overcoming Fake News: The Value of Professional Advice

Posted: May 01, 2018 By : Knowledge Bureau Writing Staff
Posted in: Strategic Thinking , Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, Essential Tax Facts, distinguished advisor conference, tax courses, tax advisor, financial education, fake news, continuing education, online campus, value added advice, financial credentials, financial designation programs

Media giants like Facebook and Google heavily influence the resources available to internet users and it’s creating skepticism among Canadians who are questioning whether they can trust that they’re finding valuable, accurate information to guide their important financial decisions, and rightly so. This environment of doubt and uncertainty is an opportunity for astute tax and financial advisors to shine.

Commonly Missed Medical Expenses: Dig for Tax Savings

Posted: April 24, 2018 By: Walter Harder
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, Medical expenses, basic tax preparation, tax courses, tax deductions, tax education, online campus, medical deductions, tax claims, reimbursement for medical costs, T3

Medical expenses are among the most commonly overlooked tax provisions. But, it’s important to pay attention to unreimbursed medical expenses and to claim them, as they can be used to reduce taxes payable. Don’t miss out on these deductions! Before you file your 2017 tax return, use this checklist of often-missed allowable medical expenses to your benefit.

CRA Tax Penalties: Filing Late Has Costly Consequences

Posted: April 24, 2018
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, Essential Tax Facts, tax courses, tax education, Introduction to Personal Tax Preparation, CRA penalties, online campus, CRA interest rates, late filing penalties, interest on overdue taxes

Have you filed your 2017 taxes? With only a few days left before the April 30 filing deadline, if you haven’t, now is the time! The CRA’s late filing penalties are significant, and the interest rate applied to overdue taxes recently increased, making delayed filing a mistake you just can’t afford to make.

U.S. Tax Reform: What’s the Impact on Canadian Taxpayers?

Posted: April 24, 2018
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, Tax Reforms, tax courses, distinguished financial advisor, Canadian economy, tax education, cross border taxation, entrepreneur, CE summits, Strategic Thinking, Morneau, current issue, budget 2018, online campus, Canadian Competitiveness, US Tax Reforms, Trump small Business, foreign operated business

A new study shows that leaders in the accounting field are feeling uncertain about the future of Canada’s economy and the recent U.S. tax reforms that are cited amongst the major contributing factors. At this year’s CE Summits, one of Canada’s most prolific cross-border tax experts will address the core tax issues that affect Canadian taxpayers and how tax and financial advisors can tackle them.