News Room

Knowledge Bureau Poll: Tax Cut Doesn’t Cut It!

The Notice of Ways and Means Motion was released on May 27, but the 1% tax rate cut going into effect on July 1, didn’t cut it with Knowledge Bureau Report readers who responded to our May Poll.  A decisive 90% of respondents said “No” when asked: does the new government’s promise to cut the lowest personal income tax rate by 1% to 14%, (14.5% in 2025) go far enough to help Canadians impacted by high costs?  Here were their comments and suggested alternatives based on real life experiences with the after-tax income their struggling clients are left with:

Limited Number of Knowledge Journals Available

This Week Only –  $195 plus taxes.

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa is the host venue for Distinguished Advisors Conference (DAC) 2015!

Tax Season in Canada May Not Be As Much Fun Anymore!

On January 17, Canada lost a great philosopher and keen observer of Canadian Income Tax System. 

Documentation Counts: Filing an Audit Proof Return

Over the next few weeks I am going to feature some tax tips for you to consider with your clients. 

Knowlege Bureau Designate Highlight: Wendy Pashulka

Wendy Pashulka from Airdrie, Alberta said she would definately recommend the T1 Professional Tax Preparation-Basic course.

Sorting the Mail from CRA

With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.
 
 
 
Knowledge Bureau Poll Question

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?

  • Yes
    5 votes
    45.45%
  • No
    6 votes
    54.55%