The Lucrative Disability Tax Credit

Did you know that the Disability Tax Credit is not only lucrative when it is claimed on the tax return, but it is required to enable fifteen other provisions on the return. There is so much money left on the table when this provision is missed. Here are the additional provisions, and why working with a DMA™ Personal Tax Services Specialist is so important. In fact, it’s not too late to get this credential yourself before the start of the tax season.   

Designate Relicensing Deadline Ahead: 3 Ways to Earn CE by June 30

Designates – it’s almost time to relicense your specialized credentials! Check out verifiable and non-verifiable options at special tuition prices until June 30 to earn CE and use your exclusive VIP Designate tuition rates you can use to enrol yourself or train your team.

Bill C-47 – March 28, 2023 Budget Off to Senate

Bill C-47, which was tabled on April 20, 2023 to enact certain provisions of the March 28, 2023 federal budget passed through the House of Commons on June 8, 2023, and is now off to the Senate.  With swift passage there, provisions such as the Grocery Rebate could be initiated for anticipated payment by July 5.  However, there are other very important provisions in the 430-page document – sign up to receive Knowledge Bureau Report in your inbox to receive our detailed budget report for more information! 

Fewer Givers: New Trends in Charitable Giving

An interesting trend has emerged in giving has emerged over the pandemic years.  In a new report released by Statistics Canada on March 14, 2023 there was a 3% drop in donors claiming donation tax credits in the 2021 tax filing year.  Are Canadians less charitable these days? Or is something else going on? 

Poll Results:  60% Say Subsidized Tax Returns Not the Answer

In May we asked tax and financial professionals to weigh in on the following question: “Do you think that the government should subsidize tax return filing fees so people can get more accurate results and benefits for free?” The verdict is in and 60% of tax and financial advisors who participated answered “no”.  They share why in their insightful comments and offer alternative solutions that recognize it’s a system that requires reformation to help more low-income and vulnerable Canadians access their benefits.

DAC Acuity 2023: Celebrations for Our 20th Anniversary

The 2023 Distinguished Advisor Conference (DAC Acuity) takes place November 12 to 14 at the beautiful Banff Springs Hotel. It is going to be an outstanding industry event for several reasons: the incredible education from Canada’s top thought leaders in the tax, accounting and financial services, as well as our 20th Anniversary celebrations!  We invite you to experience all that this year’s event has to offer by visiting the new interactive agenda where you can enrol there for events, travel, hotel and sign up by June 30 for early bird tuition reductions.  Hurry - reserve the incredibly low hotel rates (rooms will sell out fast):

Your Pathway to Specialization: Earn a Diploma or Designation

Time to hit the books – online, that is?  Summertime is a great time to earn specialized credentials by earning your Diploma or Designation from Knowledge Bureau.   We’ve got a special offer to help with the tax-deductible tuition fees:  a $100 saving for new students.  This early bird offer ends June 15.  Plus there is a bonus for our VIP Prior Grads:  save $100, $200 or $300 more.  Details below. Grad rates can also be applied to team training enrolments. And, best of all, you can start anytime, 24/7, even today!
 
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Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    58 votes
    86.57%
  • No
    9 votes
    13.43%