News Room

Wildfires: Apply for Taxpayer Relief Provisions

It may not be the first concern, but Canadians affected by wildfires may worry at some point about the tax consequences of lost records or missed filing deadlines – the next one on June 16 for those filing T1 returns with proprietorship income. Fortunately, the CRA offers Taxpayer Relief Provisions when there are circumstances beyond a taxpayer’s control, including natural disasters, serious illness or death in the family, or errors made by the CRA, which may trigger penalties and interest due to late or incomplete tax filings. Here’s what you need to know.

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa has just been announced as the venue for Distinguished Advisors Conference (DAC) 2015!

T2 Micro Course Graduate Highlight: Maria Cannizzaro

According to Maria Cannizzaro of Montreal, PQ, the T2 Corporate Tax Preparation for Micro Business Course taken with Knowledge Bureau is the “most exciting and motivating course” she has ever taken.

Taking Financial Care To The Next Level

What inspires you to set the principles and goals that will guide your achievements in 2015 and redefine your professionalism?

How Does Indexing Work?

Recently CPP and OAS rate changes were announced for January 2015. 

PIER Into The Future

With mixed feelings of elation and dread, accounting, bookkeeping and tax specialists across Canada begin the annual ritual of preparing for 26 million tax returns. 

Taxable and Non Taxable Auto Allowances and Benefits

  Reasonable motor vehicle allowances are not taxable if it is reasonable.
 
 
 
Knowledge Bureau Poll Question

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?

  • Yes
    8 votes
    53.33%
  • No
    7 votes
    46.67%