The enrolment deadline is September 10 for one of the most important CE/CPD Sessions you may attend this year. Canadian tax policy is shifting rapidly, and advisors need to be ready for the impact with sound and confident audit defence knowledge. At the CE Savvy Summit on September 17, 2025, featuring noted tax experts Evelyn Jacks, Kim Moody and Dr. Dean Smith, the Society of RWM Round Table Think Tank will also host a dynamic discussion: Caught in the Crosshairs of CRA. Be sure to take part of this interactive session as we review recent changes to the tax system, promises to enhance service levels at CRA eliminate loopholes, and strengthen CRA enforcement through technology.
Last week, it was announced that the capital gains inclusion rate increase would be postponed to January 1, 2026. How can you advise your clients on this now?
On January 23 , Finance Canada released draft legislation to confirm the extension of the charitable donation deadline for the 2024 tax year to February 28, 2025. However, this law won’t be passed until the House of Parliament returns from the prorogue.
Breaking News - From Finance Canada today - a postponement of capital gains inclusion rate increase from June 25, 2024 to January 1, 2026—the new date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and most types of trusts.
New! Get hooked on preparing income taxes for tax season 2025 with dozens of true-to-life case studies using professional tax software to build your confidence. It’s Knowledge Bureau’s Canada’s Income Tax Fundamentals, now available for online training. It features a dynamic 3 hour instructional overview - worth the price of admission on it’s own plus personal instructor support! It’s perfect for anyone new to personal tax filing - really valuable for career development in tax preparation or financial services. Here are the details.
Get ready for the Acuity Conference for Distinguished Advisors experience in Puerto Vallarta, November 23-26, 2025 where we’ll be gathering for 4 days of mornings in session, afternoons in the sun, and fun and fiesta at night! We’re pleased to announce our official conference venue: the Sheraton Buganvilias Resort and Convention Centre. This is an All Inclusive resort experience at exclusive prices for KB Delegates. Check out the details and register for the conference now and you'll receive access to book your hotel room! Team member and group rates available.
There have been recent changes in the mechanics of how trusts function, including the Graduated Rate Estate (GRE) rules along with new rules in regard to which trusts are required to file a return every year regardless of whether or not there is income to be reported for trusts with taxation years ending after December 30, 2023. The deadline for filing those return is no later than 90 days after the trust's tax year-end. This is generally December 31. Therefore, trusts with a December 31, 2024, must file a T3 by March 31, 2025.
On September 2, Finance Minister Champagne mandated CRA to implement a 100-day plan to “strengthen services, improve access, and reduce delays.” That’s by December 11, 2025. Do you believe this approach will help?
Last week, it was announced that the capital gains inclusion rate increase would be postponed to January 1, 2026. How can you advise your clients on this now?
On January 23 , Finance Canada released draft legislation to confirm the extension of the charitable donation deadline for the 2024 tax year to February 28, 2025. However, this law won’t be passed until the House of Parliament returns from the prorogue.
Breaking News - From Finance Canada today - a postponement of capital gains inclusion rate increase from June 25, 2024 to January 1, 2026—the new date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and most types of trusts.
New! Get hooked on preparing income taxes for tax season 2025 with dozens of true-to-life case studies using professional tax software to build your confidence. It’s Knowledge Bureau’s Canada’s Income Tax Fundamentals, now available for online training. It features a dynamic 3 hour instructional overview - worth the price of admission on it’s own plus personal instructor support! It’s perfect for anyone new to personal tax filing - really valuable for career development in tax preparation or financial services. Here are the details.
Get ready for the Acuity Conference for Distinguished Advisors experience in Puerto Vallarta, November 23-26, 2025 where we’ll be gathering for 4 days of mornings in session, afternoons in the sun, and fun and fiesta at night! We’re pleased to announce our official conference venue: the Sheraton Buganvilias Resort and Convention Centre. This is an All Inclusive resort experience at exclusive prices for KB Delegates. Check out the details and register for the conference now and you'll receive access to book your hotel room! Team member and group rates available.
There have been recent changes in the mechanics of how trusts function, including the Graduated Rate Estate (GRE) rules along with new rules in regard to which trusts are required to file a return every year regardless of whether or not there is income to be reported for trusts with taxation years ending after December 30, 2023. The deadline for filing those return is no later than 90 days after the trust's tax year-end. This is generally December 31. Therefore, trusts with a December 31, 2024, must file a T3 by March 31, 2025.
