KBR Halloween and Taxes – Both are Scary!

Halloween is a night for spooky things. Some adults would say, it’s a bit like the tax filing deadline. There are few things that can terrify even the bravest of us as much. When a new client comes to your door, keep this in mind. You have the potential to turn terror into, well fun. It’s true! Think about it. . .

The Future of Tax Preparation:  An Endless, Essential Service

It’s true: nothing is as certain as death, taxes and tax change!  That’s perhaps why almost 60% of Canadians get someone else to do their tax return, according the CRA.  Do you know what this sounds like to us? OPPORTUNITY! 

Tax Spotlight: Help Non-Filers Recover Billions

Did you know as many as 1 in 10 Canadians don't file their taxes?  Canadians who don't file their income tax returns may be shocked to find out how much money they're owed by the federal government for years of missed benefits.  The tax benefits lost to working-age non-filers was about $1.7 billion, according to an award winning research paper[1].

The Global Financial Disruption: Are You Prepared to Help?

President and CEO of Knowledge Bureau, Evelyn Jacks, joins Derek Notman and H. Adam Holt on their podcast, Rethink. Financial Advice, and discusses a variety of issues critical to the future of the tax and financial services industry: what's on the horizon for advisors and how to best prepare for the headwinds affecting us all. You’ll want to take this in.

A New Way to Grow Your Accounting Practice

Vexxit’s online platform brings clients to you. The way we do business has changed these last few years. Remote and hybrid have become the new norm, with professionals trading boardrooms for virtual meetings and networking events for social media introductions. Vexxit has taken this new way of doing business and amplified it, giving accountants a digital platform to offer their services and access customers who need them.

Newcomers: Tax Filing For You Is Complex

International tax law is very complex and border-hopping can be expensive from a tax point of view.  Newcomers to Canada and immigrants especially need to pay attention, but so do those residents with offshore assets. Be sure you are working with a Tax Services Specialist™ who has graduated from Knowledge Bureau’s Cross Border Taxation Course.

Advisors See Opportunity with High-Net-Worth Clients Looking to Protect their Wealth

It’s tricky to find silver linings in 2023, as the cost of everything is rising, with the Consumer Price Index (CPI) sitting at 6.3%. Food, fuel and general goods are increasing in price, and unfortunately so is the cost of running a business. However, some businesses are finding that they are thriving in the current environment. For example, some advisors are finding that their businesses are still growing, thanks in large part to high-net-worth clients seeking better service.
 
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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
    5 votes
    7.46%
  • No
    62 votes
    92.54%