News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

No Time To Waste: TFSA, RRSP or Both?

It’s February – no time to waste. 

Knowlege Bureau Designate Highlight: Rick Green

Rick Green from Calgary, AB has nothing but praise for Knowledge Bureau’s Elements of Real Wealth Management course.

Foreign Income Verification Statement – Form T1135 Version 5

On October 29, 2014, the Organization for Economic Co-operation and Development (OECD), together with the G20 Nations approved and implemented an international standard for the “automatic exchange of information agreement.” 

Family Tax Cut – Who Will Get $2,000?

There's a lot of hype out there about the Family Tax Cut and some families have the impression that they are entitled to a $2,000 windfall this tax season.  In reality, most families will qualify for little or nothing from the Family Tax Cut.

Tax Credits for Seniors

The Income Tax Act provides preferential treatment for seniors, especially those with moderate income.

Limited Number of Knowledge Journals Available

This Week Only –  $195 plus taxes.
 
 
 
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
    8.06%
  • No
    57 votes
    91.94%