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Leadership Training for Professionals Ready to Grow

As 76% of Canadian business owners prepare to exit their businesses over the next decade, according to CFIB, the need for leadership, succession planning, and business management expertise continues to grow, especially for professional advisors and their business clients. Knowledge Bureau's New Business Growth Training Package helps professionals build the skills needed to scale and lead successfully. It features a must-attend half day Business Builder Summit on June 18, which is included at no charge when you register in the DMA-Small Business Services Specialist Program. Here are the details:

Big Change Proposed for Tax on Passive Investment Income in a Corporation

The Finance Department is proposing alternatives to the taxation of passive income earned in a private corporation. This will dramatically alter after-tax income results, essentially taxing the income earned by corporate investing at the top marginal rates and then taxing distributions once more at personal tax rates. 

Part II: Day Traders and TFSAS – Why Are You Offside?

Day trading is effective for RRSPs and RRIFs accounts but not for TFSA investing activities. This doesn’t seem to be a logical strategy on CRA’s part, seeing as it is currently looking for millions in penalties and interest from investors who didn’t understand the rules.

Life Purpose

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it.”  —Steve Jobs

DAC 2017: Frankly, the best conference you’ll attend this year!

Be sure to make room on your calendar to join us this fall in Kelowna, November 5-8, for the absolute best educational experience of the year, packed with cutting-edge programs. 

Calling all Mentors, Leaders and Change-Makers on LinkedIn! Join our new Business Builder Group

The financial industry is truly at a crossroads of change. We feel pressure from disrupting forces like fintech and advisor-bots. Our clients need us more than ever, but they have concerns about our professionalism following the financial crisis of 2008. And we put pressure on ourselves to stay competitive and knowledgeable. But these are the kinds of challenges that we as entrepreneurs live for. They’re what make us survivors.

People in the News

Robbyn Swiscoski sings her praises of the T1 Professional Tax Preparation – Advanced Course
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    2 votes
    6.06%
  • No
    31 votes
    93.94%