Confirmed: The CCR for Small Business is Tax Free
Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall. Some of the more significant details are discussed below.Update On Trust Tax Filings
On March 3, 2025 CRA issued an update on the confusing trust filing requirements for tax year 2024. What’s important to know is that when filing of the T3 return, and the T3SCH15 Beneficial Ownership Information of a Trust form is required, the deadline is coming up soon: March 31, 2025.
Provincial Budget Round Up – Some Tax Cuts, But for How Long?
It’s provincial budget time and in this Special Report, Knowledge Bureau Report covers the highlights of five of them released since the beginning of February.
CRA Service Levels: A Challenging Year Ahead
It could be a challenging year for the CRA with all the changes and postponements to the April 16, 2024 federal budget.
Tariffs Bring Worries, Resilience Indicators: Tax and Financial Pros
The tariff wars have begun along with early market reactions. How will this new environment affect your clients’ employment, investment, business and retirement plans?
Mini CE Summits: You Can Still Participate!
Knowledge Bureau is pleased to present the Four-Pack!
Four in depth half day virtual Mini-Summits you can access immediately to brush up on your personal tax knowledge in time for tax season 2025!
Accounting Services Specialist Program
Do you enjoy solving problems, working with numbers and helping others?
