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All items tagged with: tax courses

U.S. Repatriation Tax Is Hitting Canadians Hard: Are Your Clients Affected?

Posted: June 19, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking, Current Issue , Venture Capital, Financial Literacy, Financial Advisor, knowledge bureau, Evelyn Jacks, distinguished advisor conference, tax courses, Canadian economy, tax education, Canadian business, CE summits, US tax, Trump, IRS, cross-border tax, US tax reform, self-study, repatriation tax, Canadians in the US, Canadians abroad, Tax Cuts and Jobs Act, shareholders in foreighn corporations, Cross boarder Taxation course

Donald Trump’s U.S. tax reforms are having a significant spillover effect north of the border, as many individuals with private businesses in Canada are facing an enormous tax bills in the U.S. If your client base includes any corporation in which a U.S. shareholder controls at least 10 percent of the voting rights or value, you need to know the details of this punitive measure.

CRA to Send Instalment Payment Notices in August: Your Tax Remittance Options

Posted: June 19, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking, Current Issue , Financial Literacy, CRA, self-employed, Canada Revenue Agency, tax services specialist, Small Business, tax courses, tax calculators, tax education, proprietor, installment payments, quarterly tax installments, calculating installment tax, tax deadlines in Canada, installment notification

You’re not in the clear yet! In August, the CRA will be notifying individuals who will be required to remit an instalment payment by the September 15 and December 15 deadlines. Even if you weren’t required to make an instalment payment on June 15 or earlier this year, you might still be subject to paying in instalments. This means that now is the time to review whether you need to save throughout the summer for yourself or for the taxman!

Work Stress Kills: Flexible Career Opportunities Benefit Pre-Retirees

Posted: June 19, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking, Current Issue , Financial Literacy, Financial Advisor, self-employed, knowledge bureau, Evelyn Jacks, tax courses, master financial advisor, retirement income, bookkeeping courses, financial education, tax preparer, entrepreneur, tax careers, holistic wealth management, bookkeeping career, online, pre-retirees, work stress, health risks, Retirement services specialist, self-study

Demanding careers and workplace stress can lead to premature death in men with existing health issues, according to a new study, although women seem to fair better. It speaks to the need for financial advisors to sit down with their boomer clients and have a frank talk about how long to work if the couple is serious about living their dream retirement.

Avoid Penalties: File TFSA Return by July 2

Posted: June 05, 2018 By: Walter Harder
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, TFSA, Evelyn Jacks, investment income, tax courses, retirement income, tax education, Walter Harder, TFSA deadline, TFSA penalties, contribution limits, excess contributions

The TFSA filing deadline is coming up on July 2 (the standard June 30 deadline falls on a weekend). It doesn’t apply to all TFSA investors, but for those who do have to comply, abiding by the guidelines is essential to avoid penalties.

Canadians Want Changes to Tax Filing Deadlines: Poll Results

Posted: June 05, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , tax preparation, Financial Literacy, self-employed, knowledge bureau, Canada Revenue Agency, poll results, Evelyn Jacks, tax courses, financial education, sole proprietor, taxpayers, tax deadlines, tax dates

In May, we asked Knowledge Bureau Report readers whether Canada’s current tax deadlines make sense – and the general consensus was that the existing system needs to change. Some of the suggestions from professionals in the tax and financial services industry might surprise you.

Canada’s Economic Future: Immigration is Essential for Growth

Posted: June 05, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , tax preparation, DAC, knowledge bureau, Evelyn Jacks, tax courses, Canadian economy, bookkeeping courses, accounting courses, immigration, education for immigrants, careers for immigrants, immigration visa, canadian newcomers, Canada's immigration plan, Immigration Minister, Ahmed Hussen, Immigration Summit, Shoshana green

Reports from the recent 2018 Immigration Summit in Ottawa, show that immigration is going to be essential for the future of the Canadian economy. But, where are the career opportunities for newcomers to Canada, or those those returning back home?