News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

People in the News: Knowledge Bureau Media Roundup

The Knowledge Bureau Faculty have been busy with the media this tax season. Here is a round up of recent media mentions!

Featured Event: Distinguished Advisor Workshop – Audit Defence Bootcamp: The Rules of the Game

Ensure you're prepared for Tax Audit Season and know the Rules of the Game – gain techniques and information that will help you set up the best defence in case of appeal, learn best e-practices, understand how to prepare defense files for potential Appeals Process, and be able to educate clients and staff.

Featured Book: Essential Tax Facts: 2013 Edition

Tax efficiency is your #1 weapon in taking control of your time and money. Take charge of the results you get with your money and prepare yourself for the special life events that trigger important money matters. Take advantage of our special "Buy 3, Get 1 Free" offer on all books – a great gift for your new clients! Order by April 16.

Featured Course: Tax Planning for the Corporate Owner-Manager

Are you able to advise private business owners and managers about the best way to manage their compensation to maximize the amount of after-tax income available? Gain a solid understanding of options available when constructing compensation packages, of the salary-dividend-bonus mix to maximize tax efficiency for the owner and each family member, and of constraints imposed by income tax and other laws so you can provide sound advice to the employer or client on compensation planning all year long.

Featured Tool: Fixed vs Variable Income Calculator

Investing on a pre-tax, tax deferred basis is powerful.See how making the right choice—registered or non-registered account—can make all the difference in building wealth on time for your retirement schedule. Try it out, risk free!

A Relationship with a Tax Professional is a Smart Investment

Seventy-one per cent (71%) of Knowledge Bureau Report readers feel that do-it-yourself tax filers using tax software and NetFiling can’t lose by investing in a relationship with a tax professional.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    7.25%
  • No
    64 votes
    92.75%