News Room

Time’s Up: CRA’s 100 Day Mandate for Improvement

After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show. 

Is a Loss on My Personal Residence Deductible?

What are the tax consequences when you sell your home, a personal use property, for a loss or make a bundle on grandma’s antique silver goblets, a listed personal use property? Here are the rules.

Why Tax Pros Are Worth Their Salt – Part II

A follow-up on excellence at CRA. MFA, DFA-Tax Services Specialist, Alan Rowell, reporting.

Hear Their Stories: More Than Pretty Darn Good

If you haven’t yet read Malcolm Gladwell’s Outliers: The Story of Success, we highly recommend it. In it you’ll learn about the magic number for greatness: 10,000 hours of hard practice.

Who Is An Employee?

When it comes to tax preparation, it’s important to clearly understand the definition of employed vs. self-employed.

Knowledge Bureau Is Growing

Knowledge Bureau is seeking to fill the position of Inbound Sales Coordinator/ Reception. For more information visit our Careers page.

Green Enrolments Get A+

At Knowledge Bureau, we hope you’ll support our efforts to “go green”. Consider registering for your fall and winter courses online. It’s convenient, easy and we’ll give you an Online Tuition Reduction for doing so!
 
 
 
Knowledge Bureau Poll Question

It costs a lot more to go to work these days. Should the Canada Employment Credit of $1501 for 2026 be raised higher to account for this?

  • Yes
    35 votes
    87.5%
  • No
    5 votes
    12.5%