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. . .

Embrace The Side Hustle: Stand out in the competitive tax services industry

Looking to increase your income or revenues in a tax or financial services practice?  Embrace the demand new small business owners of a bustling “side hustle” have for qualified corporate tax services. Kickstart your career, earn more with new credentials and maximize your potential as a confident tax knowledge leader.  Become a Distinguished Master Advisor by taking the new DMA Corporate Tax Services Specialist Designation Program. 

REGISTER NOW: Advanced Personal Tax Update

The tax filing season is just around the corner and now is the time to shake out the cobwebs, learn about the “dark horses” of tax theory behind the lines on the new 2022 T1 return and sharpen the skills of your new and returning staff in your tax preparation office.  Register by January 15 for the Advanced T1 Tax Update and check out our new rates for multiple enrolments: 2, 3 or 4 and more from your office.

Peace and So Much Joy!  Holiday Schedule at Knowledge Bureau

This is our special wish for you throughout the holidays!  Thank you sincerely for your readership and support. . .we look forward to sharing knowledge with you in the New Year!   

A Unique Gift For Your Team: DAC 2023 in Beautiful Banff!

Join us in Beautiful Banff November 11-14 at the spectacular Banff Springs Hotel for the Distinguished Advisor Conference (DAC).  You won’t want to miss the outstanding special guest speakers, the Snow Ball Gala celebrating our 20th Anniversary, and the opportunity to give the gift this extraordinary Educational Extravaganza to your most dedicated team members!

The Full Agenda: Advanced Personal Tax Update

You can’t afford to miss this if you are a professional tax accountant, bookkeeper or financial advisor!  Your clients are counting on you for accurate tax filings, sound tax planning advice and the recommendations to the correct investments as inflation and high interest rates interrupt financial peace of mind.   Check it out and register now.

Tax Tip: Leaving Canada? What’s Included in the Departure Tax

Canadians, who leaving the country become emigrants, and have to file a final tax return as of the date of emigration must report income for the period of residency and also, a deemed disposition of their taxable assets. This can generate capital gains or losses, which can generate a balance due or in some cases, additional refunds if losses are applied to prior year gains.  There are some exceptions explained below.
 
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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%