News Room

Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

US Citizens in Canada: What You Need to Know About Uncle Sam

The number of days you spend in the U.S. each year can deem you to be a U.S. resident for tax purposes. You could even be a U.S. citizen and not realize it, and that has tax consequences. Learn your rights and obligations with Canadians & the IRS – pre-order your copy today.

Earn Your Certificate: Take the Cross Border Taxation Course

Be a certified cross border taxation specialist with this comprehensive course from CPA and Knowledge Bureau faculty member Angela Preteau.

Maximize After-Tax Income

Use the Tax-Efficient Retirement Income Calculator to determine the optimum combination of income sources to maximize the income you keep after tax. Try a free trial today!

Have You Been Appointed Power of Attorney? What You Need to Know

Undertaking the role of Power of Attorney for a loved one can be overwhelming, especially if you don't know where to start. If you have agreed to be a Power of Attorney, prepare yourself early by learning the 8 steps you need to know. Join us for Attorney School in Toronto April 26 or Regina May 24 for only $99.

Thinking of Challenging CRA in Court? Think About Costs

Thinking of challenging the CRA in court? Legal costs could be one important factor to consider.

The Importance of Accurate Record Keeping

The Tax Court of Canada (TCC) recently considered an appeal by a contractor in his 2008 and 2009 taxation years who disagreed that his motor vehicle expenses should be disallowed.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    343 votes
    69.86%
  • No
    148 votes
    30.14%