News Room

Mark Your Calendar: Critical Deadlines for May and June

Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:

Season’s Greetings CRA: Estimated 33,000 letters will be mailed out

'Tis the season and Canada Revenue Agency will once again send out an estimated 33,000 letters to Canadian taxpayers asking them to “reconsider” their prior year’s personal tax return. 

CRA Moving to Email Communications in 2015

The new T1 return includes a space to send the taxpayer’s email address to CRA.

Expensive But Worth It

Recently, the Tax Court of Canada (TCC) levied interest and gross negligence penalties against five taxpayers who were shareholders and operators of a family restaurant.

Should OAS be deferred?

This is a continuation from last week's article, "Are You Planning Retirement for your Clients?"

Farmers: Year-End Tax Review Saves Money

Are you spending enough time consulting with your clients who are unincorporated Farmers and Fishers? 

“This course exceeded my expectations”

Port Elgin, Ontario’s Marlene Donaldson recently completed the T1 Professional Tax Preparation course with Knowledge Bureau in order to better understand tax changes for the current income tax year as well as to update her skills to better prepare for the upcoming season.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    13 votes
    17.81%
  • No
    60 votes
    82.19%