News Room

Bill C-31: Royal Asset and New CRA Powers Could Come Soon

Changes are coming to the Income Tax Act and both you and your clients will all be affected with new tax risks including longer tax audits. Bill C-31, which passed second reading in the House of Commons on June 3 and is now at committee stage, contains elements of previous Federal Budgets that will expand the CRA’s compliance and enforcement powers. Here’s what you need to know and pass along to your clients:

Tax Tip For 2015

File an audit-proof return on time 

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa has been announced as the venue for Distinguished Advisors Conference (DAC) 2015!

Getting Tax Season Right: Plan to Start Early

Tax preparation season is about to begin and getting it right means a lot more than filing an accurate tax return. 

Knowledge Bureau Publications Recommended

David Russell, MBA,CFP, CIM, FCSI posted the following to the LinkedIn page of Evelyn Jacks, founder and president of Knowledge Bureau.

Improve your Preservation Practices

Barb Reimer from Calgary, Alberta recently completed Elements of Real Wealth Management and she believes the course will improve her preservation practices.

The Power of the TFSA

As the calendar year changed on January 1, so did the Tax Free Savings Account (TFSA) contribution room available to all adult residents of Canada. 
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    4 votes
    6.15%
  • No
    61 votes
    93.85%