Knowledge Bureau News Network

Real Tax News Podcast View Poll
 

Subscribe to KBR




Financial Issues & Answers for Everyone

A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.

This Week’s Edition of KBR:

June 2025 Poll

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: 6 votes
50%
No: 6 votes
50%
 

Cast Your Vote

Need Last Minute CE Credits? Knowledge Bureau Offers 8 Ways to Get Them

Knowledge Bureau now features 8 free trials for its online certificate course line-up, allowing professional advisors the opportunity to earn 2 CE/CPD credits per course trial. The free trials are a great way to preview course selections for you and your team.

Read More

Overtime Meals and Allowances Tax-Free Benefit

If an employer provides overtime meals or an allowance as an employment perk, there are three conditions that must all be met to in order to ensure that benefit is not taxable.

Read More

CRA Needs More Help, Recent Audit Report Reveals

Canada announced in its 2013 federal budget that international tax evasion was at the top of the list of concerns for our nation and that capturing revenue from such sources would help alleviate the tax burdens on other citizens.

Read More

How to Avoid Tax Hikes When Withdrawing RRIFs

This is the first year I am required to withdraw some money from my RRIF account. However, that amount along with CPP and OAS will bump me up to almost $90K. I am probably not eligible to contribute to my spouse's RRSP, so are there any other ways to reduce my tax burden to CRA? 

Read More

EFILE Changes for 2014 Season Announced

Professional tax advisors should now be familiar with new EFILE procedures for 2014, which will begin on February 10, 2014. 

Read More