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:

Attorney School Helps to Prepare for Incapacity of Loved Ones

Very few people have any training to help them be the best Powers of Attorney of they can be. Now advisors and their clients can learn how in a half day session hosted by top lawyers in this field.

Knowledge Bureau Partners with Kwantlen Polytechnic University to Offer Essential Business Skills

SURREY, BC. Knowledge Bureau, a national financial educator and Kwantlen Polytechnic University have partnered to offer essential business skills to new and graduate students in the lower mainland of BC this fall.

Complying with CRA Less Taxing for Businesses In Canada

Regulatory burdens for businesses are becoming less taxing in Canada, according to a 2014 study by PricewaterhouseCoopers, which analyzed the ease of paying taxes in 189 countries. 

Over 69% Say Yes – Raise the $3000 Instalment Payment Threshold

Should the threshold for making quarterly tax instalments be raised above $3000? Why or why not?

Evelyn Jacks: How to Postpone Your OAS

As of July 2013, OAS recipients can elect to defer taking their OAS pension for up to five years. This would provide for a larger pension then.

Retirement Income Projections Spur Thought

By all accounts, the newest Distinguished Advisor Workshop, “Retirement and Estate Planning”, recently completed in Winnipeg, Calgary, Vancouver and Toronto was a resounding success. “Who knew there was more to retirement planning than just saving money” stated one participant.
 
 
 
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
    8.62%
  • No
    53 votes
    91.38%