Confirmed: The CCR for Small Business is Tax Free
Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall. Some of the more significant details are discussed below.Knowledge Bureau Welcomes Portfolio Strategies to DAC
Knowledge Bureau is pleased to welcome Portfolio Strategies as the Exclusive Sponsor of the Distinguished Master Financial Advisor Graduation Luncheon at the Distinguished Advisor Conference, November 6-9 in San Diego. Portfolio Strategies’ President, Mark Kent, will be on hand at this prestigious event to congratulate graduates and present them with their designation pins and special gifts.
Increase Value of Your Business with Advanced Bookkeeping for Multiple Businesses Course
Bookkeeping is the cornerstone of any small business. In fact, keeping track of cash flows is a key stressor more many. That’s where a highly qualified professional bookkeeper comes in: to help steer the business into calm waters before any waves come aboard. If you want to be that professional, Knowledge Bureau’s Advanced Bookkeeping for Multiple Business course is the best choice to up your game.
DAC 2016: Create a Value Hub to Succeed in a Disrupted Marketplace
Do you want to learn a whole new way of thinking about your business so you can be at least 100 times more excited about your future? Bill Bishop, CEO of Bishop Communication Inc. and publisher of Disrupter Magazine, will explain how in his must-hear session at the Distinguished Advisor Conference 2016. Final registrations are open now to September 30.
Life Purpose
Whatever you want in life, other people are going to want it too. Believe in yourself enough to accept the idea that you have an equal right to it.
Diane Sawyer
Planning Required: New Canada Child Benefits Arrive July 20
The refundable tax credits replacing the Family Tax Cut, Universal Child Care Benefit arrive this week. What to expect? Tax and financial advisors could be very busy tending to questions about the whether the size of the cheques is right, and filing 2015 tax returns for delinquent filers.
Tax Cheating on Real Estate scores $14 Million for CRA
Leaked documents from CRA have been reported in China, indicating that 50 tax auditors and 35 additional staff have been deployed to crackdown on real estate tax cheats in Vancouver. CRA confirmed to the CBC that indeed 339 audits have reaped $14 million in tax recoveries in 2015/2016. Here’s how to stay out of trouble.
