Late Filing Penalties: Talk About It!

While most T1 returns are in the hands of the Canada Revenue Agency (CRA) by April 30, we know many are not. In fact, millions of returns were still outstanding as of mid-May. Late-filing clients they need to know about the consequences, especially if they owe. Here’s a rundown to be aware of:

October 1, 2013. National business educator Evelyn Jacks, president of Knowledge Bureau has added two new distinctions this year: she was recently ranked one of Canada’s Top 25 Women of Influence for the second year and she is the Manitoba Club’s 2nd female president in its 77 year history.

Are you a busy professional who needs to update and refresh your knowledge and skills in technical subject areas, train staff, or earn certification for CE/CPD credits? Knowledge Bureau's trio of one-day tax bootcamps is a perfect solution. Start with November's Corporate Tax Bootcamp. Enrol by October 15 for best fees.

"Presence" has always held a certain mystique that is empowering and attractive—it can improve relationships, transform situations, and influence success. This new release from Catherine Bell will be available at the end of October. Pre-order your copy today!

Help your clients better use their precious resources of time and money both now and in the future. Enable a framework for joint decision-making throughout changing life, financial, and economic times with all the stakeholders involved: family members and professional advisors. Enrol in Elements of Real Wealth Management by October 9 and save $200.

When family situations change—whether by design or happenstance—cash flows are often affected and adjustments must be made to either find new sources of cash or to make existing income sources more tax efficient thereby increasing after-tax cash flow.

CRA announced on September 23 that the prescribed annual interest rates will indeed go up by 1% on amounts owed to and by the CRA by individuals and corporations.