New Mega Deduction a Good Start, But More Tax Reforms Are Needed
The Federal government has unveiled a Productivity Mega Deduction, which will provide immediate expensing under Capital Cost Allowance (CCA) provisions for a broad range of depreciable property, importantly on a permanent basis, for acquisitions on or after September 15, 2026. Check out the noteworthy exclusions are listed below. This tax reform is a good start, but much more needs to be done, especially for small business owners and average taxpayers to make Canada truly competitive across our tax base.Donations Sent to Terrorists: CRA Revokes Charity Registration
On September 20, the Canada Revenue Agency (CRA) announced that it would revoke the registered charitable status of the Islamic Society of North America (ISNA) Development Foundation.
Consider an Individual Pension Plan (IPP)
If you are running an incorporated business you may be in financial position to supplement your RRSP with an IPP, which is a defined benefit pension plan. The IPP offers both maximum tax relief and a maximum retirement pension.
Fall Into Change—The Dream Job You’ve (Probably) Never Considered
The kids are back in school and now you're back to that job you never liked anyways...
DAC 2013: Don’t Miss It! Only 6 More Days to Register!
Be seen as the leader you are: be seen at the 10th annual Distinguished Advisor Conference, November 10-13. Don't miss out on this unparallelled professional development opportunity – last chance to register is September 30!
Back to the Future: 24 Leading Speakers Take You There
The 10th annual Distinguished Advisor Conference (DAC) in Ojai is only 45 days away and Knowledge Bureau is excited to bring you the wisdoms of 24 sages in the tax and financial services, and a grand networking opportunity.
Earn CE/CPD Credits, Refresh, Update, and Train Your Team
Get in tip-top tax shape with our live bootcamps, starting with November’s Corporate Tax Bootcamp. Register by October 15 for best fees.
