News Room

Time’s Up: CRA’s 100 Day Mandate for Improvement

After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show.

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.