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.
The CRA has at least 2,500 CEWS audits of large Canadian businesses underway. It is anticipated that what they learn from those audits will then be used to audit small and medium-sized businesses across the country over the next decade. There is no audit limitation period, meaning that every business should anticipate having to defend their CEWS claims at some point in time. The September 21 CE Summit, will cover this topic in depth with one of Canada’s leading tax litigators and a tax lawyer with broad experience in resolving audits, David Robertson and Evelyn Tang from EY Law LLP.
Be sure to register by August 31 to take advantage of the early bird conference discounts for DAC, October 16 -18 in beautiful Niagara Falls. You won’t want to miss the incredible line up of topflight speakers who will bring the future of finance to you in spades of insightful thought leadership. It is the only conference for a multi-advisory audience and the one you should not miss if you are a business leader or owner-manager in the tax or financial services. Consider these critical topics:
National Financial Education Institute Knowledge Bureau is pleased to announce the launch of its new virtual campus: learn.knowledgebureau.com. The mission of the second campus, which complements the Specialized Credentials offered through www.knowledgebureau.com, will focus on an expanded curriculum of short professional courses available by subscription, especially designed for entrepreneurial advisors in search of both technical and business education.
Join us for an exclusive night out with Knowledge Bureau President Evelyn Jacks and Chef Massimo Capra on October 15th in beautiful Niagara Falls. This dinner is limited to 20 guests, so confirm your attendance at DAC and your reservation as soon as possible. Here are the details of the delicious extravaganza; plus, check out the outstanding agenda too!
What matters is what you keep. There is no doubt your clients are interested in knowing how to inflation-proof and recession-proof their wealth and navigate successfully through emerging risks from the CRA. To accomplish the former, advisors must have broader knowledge in tax on upcoming tax changes and how astute investment planning in a very new economic environment can help clients maximize after-tax income and reduce capital erosion. But there are other risks, too, and these topical issues will be the subject of a deep dive for pros at the September 21 CE Summits.