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. . .

Tax Filing Milestones - February and March

It’s that time of year. Mark your calendar for these important tax filing milestones:

$1.5 Billion Goes Unclaimed Due to Canadians Not Filing Their Taxes

In a paper titled The Mystery of Unclaimed Tax Benefits published in 2020 the authors found that about 10 to 12 per cent of Canadians don't file their tax returns. And if we look back almost a decade ago (2015) researchers estimated that the benefits lost to working-age non-filers was about $1.7 billion. That number has to be higher today, especially with all the new inflation protection measures being announced recently.

Need Fast, Authoritative Answers to Tax Questions?

If you’ve been following the news, and you rely on CRA for tax answers, you may be feeling a little nervous about this headline: CRA workers want 'unprecedented' pay raise of more than 30% over 3 years. Regardless of your opinion (advocates say it’s needed, critics say it would 'gouge' taxpayer), tax pros are frustrated with long CRA wait times. What happens if there’s a strike?  Cover your bases with Evergreen Explanatory Notes, your authoritative tax research library.

Last Chance:  The Advanced T1 Tax Update – Two Opportunities to Train Your Team

Tax season is just around the corner and now is the time to train new and returning staff to confidently prepare a deep and broad spectrum of returns for employees, families, investors, business owners and retirees.  There are two opportunities to learn:  in person on February 7 in Toronto and conveniently online any time with recorded presentations.  Early registration deadline for tuition savings is January 31. 

It’s Knowledge Bureau’s 20th anniversary and we are celebrating you!

Here at Knowledge Bureau we are absolutely thrilled it’s 2023.  We were born in January 2003 and so it’s officially our 20th Anniversary! Please mark your calendar for these 20th Anniversary celebration events – and start participating to win hundreds of dollars in prizes!  This month we are celebrating the Marquis Client Award - which is who has taken the most Knowledge Bureau courses.

Real Wealth Management: Push Back on Economic Malais

Investors need to quickly sharpen their tax and financial skills to meet more challenging times ahead, and a good way to start is to find the right advisor says Knowledge Bureau Founder and President Evelyn Jacks, best-selling tax financial author and award-winning educator.  That’s someone who is prepared to work with you holistically and with a multi-stakeholder approach to building sustainable family wealth – after taxes, inflation and fees. 
 
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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%