News Room

June 30 Tax Deadline is Looming for Non-Residents

An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:

No Time To Waste: TFSA, RRSP or Both?

It’s February – no time to waste. 

Knowlege Bureau Designate Highlight: Rick Green

Rick Green from Calgary, AB has nothing but praise for Knowledge Bureau’s Elements of Real Wealth Management course.

Foreign Income Verification Statement – Form T1135 Version 5

On October 29, 2014, the Organization for Economic Co-operation and Development (OECD), together with the G20 Nations approved and implemented an international standard for the “automatic exchange of information agreement.” 

Family Tax Cut – Who Will Get $2,000?

There's a lot of hype out there about the Family Tax Cut and some families have the impression that they are entitled to a $2,000 windfall this tax season.  In reality, most families will qualify for little or nothing from the Family Tax Cut.

Tax Credits for Seniors

The Income Tax Act provides preferential treatment for seniors, especially those with moderate income.

Limited Number of Knowledge Journals Available

This Week Only –  $195 plus taxes.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    10 votes
    8.13%
  • No
    113 votes
    91.87%