News Room

Fall Federal Budget: Will Spending Be Cut?

Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?

Extension of the Electronic Filing Season

As part of its ongoing efforts to improve electronic filing processes, the Canada Revenue Agency (CRA) is pleased to announce the extension of the electronic filing season for 2012 T1 tax returns.

Is a Loss on My Personal Residence Deductible?

What are the tax consequences when you sell your home, a personal use property, for a loss or make a bundle on grandma’s antique silver goblets, a listed personal use property? Here are the rules.

Why Tax Pros Are Worth Their Salt – Part II

A follow-up on excellence at CRA. MFA, DFA-Tax Services Specialist, Alan Rowell, reporting.

Hear Their Stories: More Than Pretty Darn Good

If you haven’t yet read Malcolm Gladwell’s Outliers: The Story of Success, we highly recommend it. In it you’ll learn about the magic number for greatness: 10,000 hours of hard practice.

Who Is An Employee?

When it comes to tax preparation, it’s important to clearly understand the definition of employed vs. self-employed.

Knowledge Bureau Is Growing

Knowledge Bureau is seeking to fill the position of Inbound Sales Coordinator/ Reception. For more information visit our Careers page.
 
 
 
Knowledge Bureau Poll Question

On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?

  • Yes
    7 votes
    26.92%
  • No
    19 votes
    73.08%