News Room

Helping First Nations, Inuit and Metis with Tax Filing

The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.

DAW Welcomes National Sponsor Liberty Tax

Knowledge Bureau is pleased to announce Liberty Tax will join the January Personal Tax Update Workshop tour as a national sponsor.  Liberty Tax has more than 4,400 offices in North America, including 270 Liberty Tax Service offices in Canada.

Designated Advisors in Tax and Wealth Advisory Services in High Demand

At this time of year, professional tax and financial services are looking for highly qualified personal tax professionals for seasonal tax preparation and planning work Knowledge Bureau’s Distinguished Financial Advisor (DFA) – Tax Service Specialist™ designation bring you up to speed quickly with its online programs; in fact you (or your staff) can begin today.

Director’s Liability and Non-Arm’s Length Transfers

The Income Tax Act and the Excise Tax Act allow the Canada Revenue Agency (CRA) to transfer the tax liability of a taxpayer onto third parties. There is a very distinct role for the tax and financial advisor in assisting their clients with this issue. This and more will be discussed at the upcoming Distinguished Advisor Workshop (DAW), with featured guest speakers in Vancouver Jan. 22 and Toronto Jan. 25.

Family Tax Essentials By Evelyn Jacks

Now available ebook or hard copy. "Evelyn Jacks shows Canadian families how to use tax planning to save thousands over the years through family income splitting and asset accumulation. This book is a must-read if you want to build wealth and achieve your financial goals."   Gordon Pape, bestselling author of Tax Free Savings Accounts.

Life Purpose

"I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel." Maya Angelou

RPP, RRSP OR TFSA? Workplace Pensions Have an Effect on Savings

Do RPPs and RRSPs act as substitutes for one another in retirement savings patterns?  At first glance, this appears to be so, based on a new study released this week by Statistics Canada.   The big finding is that workers who are self-directed savers benefit less than their co-workers who don’t tend to save enough for retirement when RPP contributions automatically increase.
 
 
 
Knowledge Bureau Poll Question

Should the Old Age Security clawback start at a lower net income than the current $93,454?

  • Yes
    11 votes
    18.33%
  • No
    49 votes
    81.67%