News Room

This Month’s Poll

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

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.

GST/HST Changes Affect Home and Palliative Care, Pensions

While there were few personal tax changes in last month’s Federal Budget, many seniors and their families may be affected to some degree by the adjustments made to GST/HST Canada. The paper burden has also been reduced for businesses who offer Pension Plans, including Pooled Retirement Pension Plans, or deal with the Governor General. 

Manufacturers Get CCA Tax Breaks

Tax changes for asset purchases will be introduced for 2013 and beyond – allowing taxpayers a more significant Capital Cost Allowance deduction in some cases – in an attempt by the federal government to stimulate the manufacturing sector.
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    2 votes
    15.38%
  • No
    11 votes
    84.62%