November 2025 Poll

Do you believe the November 4 Federal Budget addressed the key financial issues your clients need to see from their Finance Department and the CRA?

Intended for successful business owners, entrepreneurs and professionals of all types, author Dean Kendall’s “Stop Paying Hidden Investment Fees” will provide a better understanding of the fees you pay, their impact on your goals and your options for pursuing a better course.  This book analyzes some common hidden investment fees and it goes on to explain their impact on a customer’s financial return.

Intaxication is defined as the euphoria taxpayers feel when they get their tax refunds, only to find their euphoria diminish when they realize it’s their very own money CRA has been holding onto.  This year, the government kept a new record amount: the average tax refund was $2,071. It’s hard-earned cash Canadians could be using throughout the year to fight inflation or invest.  Is there anything you can do about that?  Indeed there is, with the help of your Personal Tax Services Specialist.

Looking for extra money to fund rising costs?  The tax return is one such source, especially because it is possible to reach back and correct errors and omissions from the prior 10 years to generate a tax refund.  However, there are certain limitations when it comes to the deduction for CCA (capital cost allowances) and other permissive deductions. Notably, CRA has not changed its rules on this matter since 1984.   In this feature, Part 1, we’ll discuss how to adjust a return. Part 2 will discuss the specific rules concerning CCA.

The post-tax season often involves a specific type of “catch-up” for busy tax accounting offices:  filing returns for procrastinators and making adjustments for errors and omissions.  But this must be done carefully; especially because these adjustments can lead to a broader audit.  Further, there are special rules for claiming “permissive deductions” including CCA (Capital Cost Allowance).  That’s very important if the goal is to preserve tax reducers in the future or recover taxes paid in the past. 

There are six key reasons, you will want to mark your calendar to attend the next Meeting of the Minds Event, presented by the Society of Real Wealth Managers™ on August 17, 11:00 – 12:00 PM CST. It’s a complimentary event, and it could be one of the most informative hours of your summer. 

Submit the name of your worthy nomination for the DAC New Advisor Award now.  The application deadline September 1, 2022.  The prestigious award recognizes the next generation and their contributions to excellence in the tax, accounting and/or financial services.   Here’s what the winner of this prestigious award will receive and how to apply: