News

All items tagged with: tax education

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!

Advisors Uncertain About Their Future: Finding New Direction

Posted: June 12, 2018
Posted in: Strategic Thinking , knowledge bureau, succession planning, Evelyn Jacks, financial advisors, tax advisors, tax education, entrepreneur, artificial intelligence, Executive Business Builder Program, online education, Real Wealth Managers, leadership development, corporate culture, Business Builder Retreat, holistic wealth management, transitioning a business, Fundamentals of Succession Planning

A new study shows that change in the financial services is leaving many advisors feeling unsettled and insecure about the future of their firms. If you’re one of them, exactly what are the solutions that can provide meaningful help to you?

Sneak Peek! Dig Deep and Overcome A.I. Risks with Tax Prep Value-Adds

Posted: June 12, 2018 By : Knowledge bureau Staff Writers
Posted in: Strategic Thinking , tax preparation, knowledge bureau, Evelyn Jacks, advanced tax preparation, self-study programs, tax education, tax software, online courses, online education, family tax, artifical intelligence, value-add

The most professional tax practitioners are those who have excellent investigative skills in conducting the most exhaustive client interviews, and the best research skills in knowing when and where to look for help. Would you like to hone your skills and become one of them?

People in the News – David Booth

Posted: June 12, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , tax preparation, knowledge bureau, Evelyn Jacks, personal tax preparation, tax course, tax education, people in the news, self study online, testimonial

Accredited CGA and CPA David Booth recently took Intermediate Personal Tax Preparation and had the following to say about his experience:

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.