Downsizing Your CRA Tax Files?
Happy New Year! If one of your resolutions for 2026 is to downsize, or at least sort through all that stuff you don’t need anymore, you may inevitably run across those tax files you’ve been keeping for decades. Just how long do you have to keep them? Do you need permission to destroy them? From whom? Read on to learn more.Taxpayer Right Tips: Relief & Fairness Provisions
During these tough financial times, when loan deferrals end and taxes are due, many more Canadians will face financial hardship. That makes the last quarter of the year an important one for proactive client conversations. What can tax and financial advisors do? If the issue is a disputed tax reassessment an important tool is to use the Taxpayer Relief Provisions.
Minimum Basic Income Poll: Do Tax & Financial Pros Endorse It?
It was neck-and-neck all the way. When we asked our readers in the September KBR poll if they thought a Minimum Basic Income should be introduced in Canada, 48.6% of participants said yes, while 51.4% said no. Their comments, which demonstrate just how complex this issue is, speak for themselves…
CRA Promises: Better Answers, More Timely Response Coming?
Tax professionals have had an important say about CRA’s services, but the best news coming out of the CRA’s recent comments on results is that communication will become easier. The Dedicated Telephone Service (DTS) Annual Survey revealed most pros were satisfied with the service they received using this phone line, but also had a number of service standard improvement suggestions, which the CRA has promised to address. Here’s what the pros said:
DAC 2020 New Advisor Award Winner: Frank J. Ryan
Knowledge Bureau is pleased to announce that Frank Ryan, B. Sc. (hons), MBA, P.Geo., CEBS®, ISCEBS Fellow, Financial Advisor & Certified Employee Benefits Specialist of Ryco Financial in St. John’s, NL , has been selected as the 2020 winner of the Distinguished New Advisor Award. The award will be presented virtually at the Distinguished Advisor Conference (DAC) on October 28th.
Three Day Educational Extravaganza Prepares Advisors to Embrace the New Economy
It is a time of great opportunity to test our collective financial resilience, and financial advisors on the front lines of financial wellness will be better prepared to do so with the keen insights and bold thinking of 21 expert speakers at the 17th Annual Distinguished Advisor Conference (DAC) presented by Knowledge Bureau, October 28-30.
New from Knowledge Bureau: Virtual Registrar & Instalment Payment Calculator
Knowledge Bureau has made it easier for you to register virtually, 24/7 in online courses and to calculate the tuition fee schedule that is right for your budget. Check out the new online instalment payment calculator and the brand-new Virtual Registrar. It’s the perfect way for night owls and weekend warriors to get started!
