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All items tagged with: tax preparation

Tax Relief for Armed Forces: Were Claims Filed Correctly?

Posted: October 09, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, Evelyn Jacks, tax tips, tax advisor, Canadian Armed Forces, tax relief, tax credit, tax deduction, CAF, tax creits for Armed Forces, Canadian Veterans, Canadian military

Members of the Canadian Armed Forces (CAF) received $85 Million in extra tax relief in the 2017 tax year, but some may have missed the opportunity when filing. As part of year-end tax planning communications, professionals working with CAF clients may wish to revisit any recent claims for the deductions available to police and Canadian Forces personnel.

Graduates in the News – Troy Harrison

Posted: October 09, 2018 By : Knowledge Bureau Writers
Posted in: Strategic Thinking , tax preparation, Financial Literacy, distinguished financial advisor, financial education, holistic advice, Graduates in the news, holistic financial planning, designates, Troy Harrison

Troy Harrison of Winnipeg, shares why investing in education as an advisor, isn’t just about career advancement. Education also helps advisors forge trust with clients.  His focus now is to cultivate and nurture his client relationships and inspire other advisors to do the same.

Tax Specialization: Soft Skills are Equally Important

Posted: October 02, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, Financial Planning, knowledge bureau, Evelyn Jacks, tax services specialist, tax advisor, tax efficiency, DFA, holistic advice, holistic financial planning, tax advice

There is a very bright future for the tax preparer who makes a great decision to become the Tax Services Specialist of the future. But, to offer the best advice in that regard, tax specialists must have more than precise technical skills.

Coming or Going from Canada: Be Tax Compliant

Posted: September 24, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, tax credits, Evelyn Jacks, tax services specialist, tax filing, tax deductions, CE summits, immigration, Canadian immigration, newcomers to canada, emigration, part-year residency

With Canada’s complex tax system, tax and financial advisors who exercise additional diligence to ensure immigrants and emigrants remain tax compliant can offer valuable advice. What tax deductions, credits and filing requirements should you make sure they don’t miss?

Graduates in the News - Connie Zhu, DFA – Bookkeeping Services Specialist™

Posted: September 17, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , tax preparation, Financial Literacy, bookkeeping course, distinguished financial advisor, financial education, DFA, bookkeeping services specialist, Graduates in the news, Nancy Folliott, Knowledge Bureau graduates, Connie Zhu

"When it comes to education, we are all looking for something different. Knowledge Bureau offers that variety”, states Connie Zhu, of Richmond, BC.

Strategy and Process: Giving Good Advice Demands Both

Posted: September 17, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, Real Wealth Management, CRA, knowledge bureau, Canada Revenue Agency, Evelyn Jacks, Tax Specialist, tax compliance, holistic wealth management, holistic tax planning, financial analysis

Tax specialists add tremendous value over and above the role of a traditional tax preparer. Rather than just calculating and filing the annual return, they offer holistic tax planning advice to reduce a family’s overall tax liability over the long run. They certainly use their knowledge, experience and skills to maximize refundable and non-refundable tax credits in the short term; but their long-term role is deeper and broader.