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All items tagged with: tax preparation

June 17 Filing Deadline for Proprietors: It Doesn’t Pay to Wait

Posted: April 16, 2019 By : Christine Steendam
Posted in: Strategic Thinking , self-employed, Small Business, proprietorship taxes, tax filing deadlines, tax preparation for proprietorships, entrepreneur, proprietor, June 15, Apri 30

With a little under two weeks until the April 30 filing deadline for individuals, tax filing season is in full swing. However, there is another upcoming date to think about: the June 17 filing deadline for proprietors. If there is a balance due, it’s best for all taxpayers to file and pay by April 30 in order to avoid interest costs.

Paper Filing: A Right or a Problem of the Past?

Posted: April 02, 2019
Posted in: Strategic Thinking , tax preparation, CRA, Canada Revenue Agency, tax filing, CE summits, individual tax returns, paper filing, paper tax forms

If your clients are looking for paper copies of this year’s tax forms at the post office, they may be out of luck. Despite many locations posting advanced notice that they would be providing a limited number of paper forms this year, it is particularly concerning that some locations ran out early in the tax season. Some argue that the most vulnerable Canadians may be the most affected by these shortages.

Tax Pros Endorse Paper-Filing Tax Returns

Posted: February 05, 2019
Posted in: Strategic Thinking , tax preparation, tax returns, poll results, income tax act, efiling, Netfile, paper-filing

Between February 12, 2018 and January 6, 2019, only 13.1% of all tax returns (totaling 3.9 million) were paper-filed. With the vast majority of Canadians now filing electronically, we asked Knowledge Bureau Report readers whether paper-filing should be continued. A resounding 89% of respondents said “yes.”  Here’s why:

Last Chance to Enroll: Advanced Tax Update Workshops Features Canada’s Top Tax Experts

Posted: January 15, 2019
Posted in: Strategic Thinking , tax preparation, tax credits, tax courses, ce credits, tax workshop, electronic tax filing, CE summits, personal income tax, advanced personal tax update, Income Tax Courses, 2019 tax

Shake out the cobwebs and sharpen your tax knowledge with Canada’s most popular advanced tax update featuring a detailed line-by-line approach to the new 2018 forms and schedules from the CRA. The national tour featuring keynote speaker Evelyn Jacks and an outstanding faculty of experienced instructors starts Thursday January 17 in Winnipeg; then arrives Monday the 21 in Toronto ; Ottawa on the 22, Calgary on the 23, Edmonton on the 24 and Vancouver on the 25th.  Don’t miss out - there are only a few spots left so call or enroll online today.

Do No Harm: Advisors Need to Know Corporate Tax Planning for 2019

Posted: January 15, 2019
Posted in: Strategic Thinking , tax preparation, Small Business, tax filing, tax forms, entrepreneur, business tax, passive investment income, TOSI, Tax on Split Income, tax education for business owners

A newly updated certificate tax course focused on the dramatic changes to tax planning for corporate owner-managers is launching today. It’s so important that its updater, Dr. Dean Smith of Cadesky Tax says that advisors who do not understand these rules may very well cause harm to their clients. Here’s why:

Grads in the News: Iqbal Sidhu, DFA – Tax Services Specialist

Posted: January 15, 2019
Posted in: Strategic Thinking , tax preparation, tax filing, distinguished financial advisor, grads in the news, Graduates, DFA - Tax Services Specialist

As a newcomer to Canada, Iqbal Sidhu shares how his Knowledge Bureau education helped him transition into a new career path in professional tax filing as a result of his successful pursuit of the DFA – Tax Services Specialist designation: