Will CRA’s SimpleFile Help or Hinder Canadians? Most Say It Misses the Mark

Tax and financial advisors in Canada have been sharing their thoughts on CRA’s new SimpleFile system, and their opinions are strong. We asked if they thought the newly revamped automated tax system will help more Canadians access tax benefits and comply with the tax system. 92% said no – why? Check it out below!

Insurance Strategies Critical for Owner-Manager Planning

Small business forms the backbone of the Canadian economy, yet only a minority of businesses successfully pass to new owners. Sophisticated strategies are needed to ensure greater success in the transition of business ownership.

Planning Required: Retirement Savings Shortfall is Enormous

The World Economic Forum predicts that a dramatic retirement savings shortfall could hurt citizens in several of the top western nations, including the UK and Canada.(1) They suggest that the gap could be as big as US$428 trillion by 2050.

Will you thrive in this great era of disruption? Attend DAC’17 to find out how

Imagine being part of a 3-day think tank devoted to sharing strategies on how to best navigate this challenging, yet exciting era in the tax and financial services. That is the primary reason why our DAC delegates attend the conference year after year. 

Interest Rate Hike and Issue for Small Business

Debt is the number-one financial issue in Canada today, and things are about to get more urgent for mortgage holders and business owners who have significant debt. 

Make Hay While the Sun Shines! Time for Summer School

Time to sign up for summer school with an early registration incentive at Knowledge Bureau. 

Help Clients Maximize Their Investment Income in Uncertain Times

Tax, financial planning and wealth management competencies are required to help clients fund their goals for income and capital accumulation derived from investments in these turbulent times. Adding tax efficiency can help returns take off from the doldrums in the markets. But are you prepared to do so with confidence?
 
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Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    7 votes
    7.95%
  • No
    81 votes
    92.05%