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.Gain Confidence in Preparing Accurate T2s for Your Business Clients
Learn how to prepare T2 returns for 4 types of micro businesses and gain a deeper understanding of the business issues and tax options that apply to personal/corporate tax planning at our November Corporate Tax Bootcamp. Register by October 15 for best fees.
What I Have Learned So Far and How It Can Help You
Another person’s life story may be the nudge you need to move in a new direction. Be inspired by 50 outstanding Canadians as they tell the life lessons they learned at the School of Hard Knocks. A must-have guide for young leaders, parents, business executives and bright stars everywhere.
Prepare Consistently Accurate T1 Tax Preparation Services to Your Clients
Achieve double-digit returns in your plans for Real Wealth Management™ with your clients with our T1 Professional Tax Preparation – Basic course. Learn to prepare returns using 3 popular tax software programs, too! Enrol by September 25 and save $200 on tuition rates.
Canada Pension Plan – Sooner or Later?
Gone are the days when you had to quit work to start receiving your Canada Pension Plan retirement pension. These days you can start receiving you CPP retirement pension at any age from 60 to 70. There is a catch however.
EI Rate Freeze Not a Premium Freeze
On September 9, the Honourable Jim Flaherty, Minister of Finance, announced that the Employment Insurance (EI) premium rate for employees will be frozen at the 2013 level of $1.88 per $100 of insurable earnings for the years 2014-2016.
Canada’s Financial Institutions Remain the World’s Best
On September 6, the Honourable Jim Flaherty, Minister of Finance, announced that the World Economic Forum’s Global Competitiveness Report for 2013-2014 ranked Canada’s financial system as the strongest in the world for the sixth consecutive year.
