News Room

Finance Canada: No More Spring Budgets

Finance Canada announced on October 7 that Canada’s federal budgets will be brought down in the fall starting with the November 4, 2025 event; a significant departure from the spring schedule (February, March or April) that has been the cycle for several decades. This is going to affect many other events as we know them, and in the annual government spending approval cycle. There will also be a new budget process for capital vs. operational expenses. Here’s what you need to know:

Canadian Immigrants: Tax Tips You Need to Know

Whether refugees from conflicted countries are looking to start anew for themselves and their families, or disgruntled Americans are looking to escape a government they do not agree with, immigration to Canada has never been a hotter topic.

Tax Breaks: Use Them Before You Lose Them

In the past year, numerous tax advantages have been altered; if nothing else, the March 22, 2016, budget reminds us again never to look a “tax gift horse” in the mouth, especially when it comes to tax-free or tax-deferred investment opportunities.

Three Steps:  How to Work Smarter With Your Tax Advisor

Are you getting the most for your dollar when you work with your tax advisor? Many taxpayers would like better answers to their questions about how to save more on their tax return. If you are one of them, read on to learn more about a three-step process Tax Services Specialists are using to increase their value proposition to their clients.

Advanced Payroll Course Updated at Knowledge Bureau

A tax-efficient payroll is one that ensures employees pay only the correct amount of tax and no more with every paycheque. Bookkeepers and payroll departments that offer employees the opportunity to integrate tax efficiencies provide a valuable service that can lead not only to higher take-home pay, but higher family savings rates, too.

T1 Basic Tax Course Fully Updated to Cover Announced Liberal Budget Changes

On March 22, Federal Finance Minister Bill Morneau released the highly anticipated federal budget. And in response, Knowledge Bureau has already updated its latest version of the T1 Professional Tax Preparation – Basic course.

2016 Federal Budget Special Report

Our team of tax experts is pleased to present the Knowledge Bureau 2016 Federal Budget Special Report.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    4 votes
    10.81%
  • No
    33 votes
    89.19%