News Room

KBR Poll: A Huge Opportunity for Tax Reforms

The Knowledge Bureau News Network was vibrant last month, especially in the Knowledge Bureau Report Poll. Over 98% of readers who answered overwhelmingly were in favor of tax reforms and they had some great comments as well. Take a look:

The Magnitude of Presence

Do you know someone who has an incredible “presence”? There’s something about them that is intriguing and difficult to articulate, but we know that they possess the power to captivate.

Courses Now Updated to the 2014 Federal Budget

Ensure you and your staff provide your clients with the most accurate and current tax information and services. Our T1 Professional Tax Preparation – Basic course now includes the latest tax changes for the 2013 and 2014 tax years, including announcements made in the February 11, 2014 federal budget.

Stay in the Green with an EverGreen Subscription

With EverGreen Explanatory Notes, you have an indispensable wealth of resources at your fingertips when interacting with your clients. Buy a 3-month subscription ($199) and increase your Irish luck with a FREE 3-month Calculators subscription ($249 value!).

G20 Meeting: Economic Improvements Highlighted In Australia

On February 23, the same day Canadians watched their men soar to gold in hockey over Sweden, the G20 Finance Ministers and Central Bank governors reported ten points of great news from their meeting in Sydney, Australia.

March 3 – RRSP Contribution Deadline

Don’t forget the RRSP contribution deadline of March 3, to maximize your 2013 RRSP deduction and reduce net and taxable income.

Personal Services Businesses in the Courts

G & J Muirhead Holdings Ltd. v. The Queen (2014) TCC 49, a recently released judgment from the Tax Court of Canada (TCC), serves as an important reminder to all taxpayers that rely on the corporate status of their small business for favourable tax treatment: the personal services business distinction could cost you. 
 
 
 
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
    10.34%
  • No
    52 votes
    89.66%