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All items tagged with: tax courses

New Veterans’ Benefit: Launch Your Financial Sector Career

Posted: April 03, 2018 By : Knowledge Bureau Writing Staff
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.

Poll Results: Budget 2018 Misses the Mark

Posted: April 03, 2018 By : Knowledge Bureau Writing Staff
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?

Tax Tip: What’s Deductible When Interest Rates Rise?

Posted: March 27, 2018 By: Evelyn Jacks By :
Posted in: Strategic Thinking , Financial Literacy, CRA, knowledge bureau, Canada Revenue Agency, Bank of canada, Evelyn Jacks, tax courses, inflation, prescribed interest rates, financial education, financial courses, online courses, online education, online campus, overdue taxes, interest rate increase, CRA deadline

With the prescribed interest rate doubling to 2% as of April 1, there will be a significant impact on Canadians who face overdue tax balances with the CRA.  It follows that understanding what interest costs are deductible and which are not, is of new interest.  This subject is one that qualified tax and financial advisors will be prepared to discuss with clients as we tee up for the busiest month of tax season.

Stories from the Field: CRA Service Standards Make Progress

Posted: March 27, 2018 By : Knowledge Bureau Staff
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.

Dr. Michael Graham: On Budget 2018 and Cross Border Taxation

Posted: March 27, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking, Distinguished Mastery , Financial Literacy, knowledge bureau, Evelyn Jacks, federal budget, tax courses, Canadian economy, tax education, financial education, Dr. Michael Graham, CE summits, Liberal government, Morneau, financial workshops, online education, cross-border taxation, US tax, budget 2018, online campus, US President, Trump, trade, tariff, NAFTA, Michael Graham Investment services

What did Budget 2018 cover that tax and financial advisors need to know now? What did it fail to address? Dr. Michael Graham weighs in on what we might anticipate in cross-border trade, U.S. tax reforms, the implications of Budget 2018 on small businesses in Canada.

Good News for Veterans: Veterans’ Education and Training Benefit

Posted: March 19, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , tax preparation, Financial Literacy, Financial Advisor, tax credits, knowledge bureau, income tax act, Evelyn Jacks, tax courses, tax advisor, Canadian Armed Forces, financial education, online education, online campus, Veterans Benefit, tax credit, Reserve Force, Canadian army, Veterans Education and Training Benefit, Caregiver Recognition Benefit, Caregiver Relief Benefit

It’s always nice to share good news on the first week of spring: an important new benefit for veterans takes effect on April 1, 2018.  First announced in the 2017 federal budget, the new Veterans’ Education and Training Benefit is part of the $133.9 million earmarked over six years to help veterans achieve post-military employment and position them to be more competitive in the workforce. But is it taxable?