News Room

AUTHREP Changed July 15

Since July 15, the "Authorize a Representative" service in EFILE, accessed through tax software, will no longer be available. Tax professionals must now use the Represent a Client (RAC) portal to request online access to a client’s account.

Half $Million Penalty Comes with Vast Implications for Tax Advisors

A recent decision of the Supreme Court of Canada was extremely costly for the appellant and has vast implications for tax preparers and tax advisors across Canada.

How to Be in the Top 10% of Income Earners: Go Back to School

The statistics are overwhelmingly in favor of the higher educated when it comes to making the top 10% of income in Canada.

Tax Break for Artistic Children

A federal tax credit is possible when children under the age of 16 participate in artistic, cultural, recreational or developmental activities. Even tutoring in academic subjects qualifies under this provision.

Investments in Limited Partnerships by Registered Charities

Tax changes in the 2015 Federal Budget may bring real value and a level playing field for investments under the stewardship of a charity, making it easier for the good work they do to have a more immediate impact on pressing social and economic needs in Canada.

Creative Planning To Bridge Generations: Tim Cestnick Speaks at DAC

FOR IMMEDIATE RELEASE – When capital moves from one generation to the next, there are both risks and opportunities.Tax and wealth management expert Tim Cestnick explores this in his session, Bridging Generations with Creative Planning.

Tune in to KBR next week for our Breaking News Issue…

On August 19, make sure you check out our Breaking News Issue of Knowledge Bureau Report.
 
 
 
Knowledge Bureau Poll Question

Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?

  • Yes
    358 votes
    70.75%
  • No
    148 votes
    29.25%