News Room

Scale Your Business: There’s a Shortage of Tax Accountants

It’s time to scale up in the tax preparation and accounting industry. The industry currently engages close to 65,000 independent professionals who participates in helping over 60% of total tax filers.  CRA itself engaged close to 60,000 employees to interact with taxpayers.  But with the retirement of experienced accounting professionals on the horizon, increasing burnout from high demand work in short timeframes, the writing is on the wall:  an acute shortage of qualified people is unfolding in the tax and accountancy services, and this has implications for our economy and financial stability. Consider the following statistics, and then, make a great investment in the DMA - Tax Services Specialist designation program to scale up your practice to meet a growing demand.

The Art and Science of Retirement Planning

Doug Nelson is author of the newly released Master Your Retirement and shares these wisdoms for retirement income planning. 

Claiming Debt Forgiveness

Previously undeducted resource allowances carried forward may have to be reduced under the debt forgiveness rules.

People in the News

Knowledge Bureau's authors have been well represented across the media this past week – television, radio, print, and live events.

Financial Fotographs: Just Coffee

Kevin Gebert, author of Financial Fotographs, shares a brief excerpt from his chapter entitled “Just Coffee”.

Advise Clients on How to Give to Charities Tax-Efficiently

Expand your career with a solid understanding of strategic charitable planning and assist your clients with philanthropic goals as part of an overall wealth management plan. Enrol in Investment Strategies in Charitable Giving and save $50.

Do Your Clients Know How Much “Real Money” They Can Spend?

Help your clients better plan their spending for the “must haves” with the Cash Flow Calculator. Map out discretionary spending and saving money more purposefully in the right accounts for emergencies and future wants like security in retirement or the best education for the kids.
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    6 votes
    9.68%
  • No
    56 votes
    90.32%