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A Challenge for New Clients: How to Choose a Trusted Advisor

If you’re in business for yourself, you have a unique opportunity to build wealth in an asset class that others don’t have: equity in a business enterprise that some day may be sold for millions of dollars. In addition, that business can spin off income for family members that can provide significant tax advantages, done well. Understanding how to realize on this asset requires the help of a trusted financial advisory team. Who should be on that team and how do you find them? This is a challenge your next new business clients may wrestle with. Here are some tips on how you can open discussions to help them:

Is a Loss on My Personal Residence Deductible?

What are the tax consequences when you sell your home, a personal use property, for a loss or make a bundle on grandma’s antique silver goblets, a listed personal use property? Here are the rules.

Why Tax Pros Are Worth Their Salt – Part II

A follow-up on excellence at CRA. MFA, DFA-Tax Services Specialist, Alan Rowell, reporting.

Hear Their Stories: More Than Pretty Darn Good

If you haven’t yet read Malcolm Gladwell’s Outliers: The Story of Success, we highly recommend it. In it you’ll learn about the magic number for greatness: 10,000 hours of hard practice.

Who Is An Employee?

When it comes to tax preparation, it’s important to clearly understand the definition of employed vs. self-employed.

Knowledge Bureau Is Growing

Knowledge Bureau is seeking to fill the position of Inbound Sales Coordinator/ Reception. For more information visit our Careers page.

Green Enrolments Get A+

At Knowledge Bureau, we hope you’ll support our efforts to “go green”. Consider registering for your fall and winter courses online. It’s convenient, easy and we’ll give you an Online Tuition Reduction for doing so!
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    103 votes
    87.29%
  • No
    15 votes
    12.71%