News Room

The Gateway:  Maximizing the Impact of the Disability Tax Credit

In addition to reducing income tax through a non-refundable credit, the Disability Tax Credit (DTC) serves as a gateway to a wide range of additional tax benefits and government programs. Eligibility for the DTC can unlock enhanced credits, financial supplements, and long-term savings opportunities that go well beyond the tax return. Understanding how the DTC connects to these broader supports is essential for maximizing financial stability—both for individuals living with disabilities and the family members who support them.  Unfortunately, many taxpayers miss this credit and their tax and financial advisors can certainly help when this happens.

Shake Out the Cobwebs Before Tax Season

Sharpen and refresh your knowledge in time for the upcoming busy 2014 tax season with the Personal Tax Bootcamp. Enrol by November 30 for best tuition prices.

HOT OFF THE PRESSES!

Just in time for the holidays, Knowledge Bureau is pleased to have our newest books, Financial Fotographs and Empower Your Presence, in stock. Give the gift of financial literacy and true wealth to your clients, family, and friends. Order today!

Expertly Handle Cross Border Taxation Issues for Your Clients This Tax Season

Be prepared to discuss cross border taxation with a comprehensive general knowledge, as well as recognize and advise on how certain actions on both sides of the border affect a person’s tax situation. Enrol in Cross Border Taxation by December 4 and save $200 on tax deductible tuition fees.

Maximize Charitable Donation Opportunities Before Year End

Use Knowledge Bureau’s Donations Savings Calculator to help determine the tax savings and after-tax cost of charitable donations. Try a free demo!

Tax Brackets and Personal Amounts Will Increase in 2014

Increases to tax bracket thresholds, amounts relating to non-refundable credits, and most other amounts will take effect on January 1, 2014 based on an indexation increase of 0.9%, CRA has announced.

Bitcoins: CRA’s Take

The Canada Revenue Agency (CRA) recently released an article titled “What You Should Know About Digital Currency”.
 
 
 
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
    13 votes
    10.08%
  • No
    116 votes
    89.92%