News Room

CPA Indexation for 2026 Personal Amounts

The Consumer Price Index numbers for September have been released and that number is used to calculate the indexation rate for personal amounts and tax brackets.  Although the federal government has yet to announce the new tax figures, we’ve done the math to estimate the numbers.  It’s important information for year end tax planning purposes, a subject we will also cover in depth on November 5 at the live virtual CE Summit.  Read on to learn more.

From Transitions to Year-End Planning: Business Growth and Group Rates Featured at Fall DAW

Mark your calendar for the last week of October. Knowledge Bureau’s Fall Distinguished Advisor Workshop (DAW) promises some exciting and educational programming on issues your business clients commonly face. 

CRA Loses On Personal Services Business Rules

C.J. McCarty, was a specified shareholder/employee of the company, C.J. McCarty, Inc, (CJ,Inc.); he had only one client over a three month period of time, MEG Energy Corporation (MEG) and he received a fixed hourly rate for his services as the construction manager of a major project. 

Tax Preparer Extradited For $10 Million Tax Fraud

The Canada Revenue Agency (CRA) recently extradited a tax preparer back to Canada from Italy and put her into custody to serve a 10-year sentence for tax fraud after she claimed $58 million in false carrying charges and charitable donations on over 4,000 returns.

Caregivers Need More Help

Many of us are blessed to have older family members enriching our lives, but they often require a significant amount of care, and their caregivers can, in turn, require more help. At a time when politicians and potential leaders debate subsidized child care, are we missing an opportunity to discuss whether the tax system is doing enough to recognize the real and increasing costs of elder care?

Distinguished Advisor Workshops Focus on Tax Strategies for HNW Clients

Especially for experienced tax and financial advisors, unique planning opportunities with Canada’s top experts will provide 10 CE/CPD Credits and access to 2015 tax calculators.

Cross-Border Taxation Updated to Reflect Tax Changes and More - ENROL NOW AND SAVE!

Operating across national borders is easier and more common than ever, driven by technology and economic changes that make it appealing for individuals and businesses to purchase investment property globally.
 
 
 
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
    5 votes
    9.26%
  • No
    49 votes
    90.74%