News Room

The Gateway:  Maximizing the Impact of the Disability Tax Credit

In addition to reducing income tax through a non-refundable credit, the Disability Tax Credit (DTC) serves as a gateway to a wide range of additional tax benefits and government programs. Eligibility for the DTC can unlock enhanced credits, financial supplements, and long-term savings opportunities that go well beyond the tax return. Understanding how the DTC connects to these broader supports is essential for maximizing financial stability—both for individuals living with disabilities and the family members who support them.  Unfortunately, many taxpayers miss this credit and their tax and financial advisors can certainly help when this happens.

IRS to Tax Bitcoins and Other Virtual Currencies Like Property, Not Currency

Virtual currencies are becoming more and more popular and tax authorities throughout the world are considering how to handle them.

People In the News

Knowledge Bureau's faculty and authors have been busy in the media this week!

Now Available – Get the Important Cross Border Facts

Get the inside story on how to preserve your wealth while enjoying your cross-border travels, hassle-free, with the must-have book, Canadians and the IRS.

Audit Defence – Documenting the Client Experience

Consolidate your role as a trusted advocate and steward for your clients. Register by May 15 for early bird rates.

Ontario Taxes for 2014

The pre-budget consultations for the 2014 Ontario budget closed on March 28 but the date of the budget has yet to be announced. However, recently leaked government documents indicate that the budget will be presented in the first week of May.

Alberta Provincial Budget

The 2014 Alberta provincial budget was tabled on March 6, 2014. This budget shows an operational surplus of $2.6 billion and the government projects an operational surplus for the following three years of its financial plan.
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    12 votes
    10.91%
  • No
    98 votes
    89.09%