News Room

Wildfires: Apply for Taxpayer Relief Provisions

It may not be the first concern, but Canadians affected by wildfires may worry at some point about the tax consequences of lost records or missed filing deadlines – the next one on June 16 for those filing T1 returns with proprietorship income. Fortunately, the CRA offers Taxpayer Relief Provisions when there are circumstances beyond a taxpayer’s control, including natural disasters, serious illness or death in the family, or errors made by the CRA, which may trigger penalties and interest due to late or incomplete tax filings. Here’s what you need to know.

Digital Divide Highlights Canada’s Growing Population

Canada is growing! We are now  35,056,064 strong, but there is a digital divide between young and old! 

Do Knowledge Bureau Courses Qualify for Insurance Council Credits

Yes, many of Knowledge Bureau’s self-study courses are recognized by Insurance Councils across Canada.

Understanding Synthetic Dispositions – Put-Call Collar

We continue our Synthetic Dispositions series this week with a look at an example of a Put-Call Collar and the effect of the March 21, 2013 federal budget has on reporting requirements.

Are You Prepared to Act as Power of Attorney for a Loved One with Confidence?

You, like millions of others, may have to handle financial affairs for a loved one at some stage or another. You may already be doing so. One way or the other, you have an important responsibility. Join us in Winnipeg for Attorney School, June 1, 2013 for only $99.

Early Financial Education Paves the Way to a Rich Future

A perfect graduation gift, The Smart, Savvy Young Consumer provides great advice on how to make smart decisions with your money early in life, paving the way for a rich future. Buy 3, Get 1 Free.

Especially for Experienced Tax and Financial Advisors:

Use of Trusts in Tax and Estate Planning.
 
 
 
Knowledge Bureau Poll Question

Are your clients owed money by CRA? As of March 31, 2025, the CRA holds about 10.2 million uncashed cheques totalling $1.7 billion. In your view, why is this happening?

  • Yes
    7 votes
    50%
  • No
    7 votes
    50%