August 2025 Poll
A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway. Do you agree?THINK BIG! Find the Sweet Spots in Wealth Management
Our 11th annual Distinguished Advisor Conference will have us thinking BIG. Join us November 9-12 in beautiful Horseshoe Bay, Texas. Receive best rates on pre-registration when you reserve your spot by February 15.
Pre-Filing Audits: CRA Targets Tax Pro Errors
On January 17, 2014, CRA announced a new Registration of Tax Preparers Program (RTPP) under which it intends to have all tax practitioners register and be assigned a new PIN number so that CRA can target those with high error rates and intervene with “pre-assessment” visits to promote accuracy during tax season.
Retroactive GST/HST Reassessments in New Legislative Proposals: The Excise Tax Act
The Tax Court of Canada recently provided a favorable ruling in a case that allowed a business to claim input tax credits for amounts of GST already recovered from suppliers through credit notes.
ABILs: Understanding the Meaning of Bad Debt
Last week, we discussed the partial success of the Coveleys, a couple whose claim for an ABIL in 2005 was challenged by CRA.
Evelyn Jacks: Claiming Employment Expenses
Do you spend money in the course of your work that’s not reimbursed by your employer? Certain employees may, in fact, claim out-of-pocket expenses on their tax returns.
Grad Spotlight – How Dean’s MFA Keeps Him Current in the Industry
Dean Cockell earned his MFA-Retirement Income Specialist designation in 2008, and since then has been an active Knowledge Bureau alumnus. We are pleased to have Dean as one of our distinguished grads.
