Real Tax News You Can Use with Evelyn Jacks

Today we are talking about a new initiative coming soon to taxpayers across Canada from their tax department the Canada Revenue Agency: Automatic Tax Filing.   This is an initiative that has the potential to substantially alter our self-assessment system of taxation. The plan is for Automatic Tax Filing, to begin in earnest in 2027, if the government’s proposals get Royal Assent, which is expected...

Enter alternative assets—a diverse array of investment opportunities spanning private equity, real estate, cryptocurrencies, renewable energy projects, and collectibles. These assets are increasingly accessible to retail investors now.  And we have a special guest that can help us understand alternatives better today Geoff.  Today we’ll drill down deeper with my friend Aaron Dubnicoff of Arrow Cap...

Women are highly successful business owners and entrepreneurs, often outperforming men in areas like revenue generation and job growth. Women focus on sustainable, long-term growth and high-efficiency teams, even while overcoming significant obstacles in securing venture capital funding.   Most importantly, as of 2023, women controlled an estimated $60 trillion in assets under management (AUM), an...

Larry Frostiak provides business and tax advice to owner-managed enterprises, including financial and wealth management services to assist clients in building “tax-efficient” business and corporate structures. Larry also specializes in providing clients with estate and trust services. He is a founding partner of Frostiak & Leslie Chartered Professional Accountants Inc. and was elected a fellow...

Michael Flux is a wealth advisor at Connor, Clark and Lunn Private Capital with 23 years of experience working with clients in helping them make strategic philanthropic decisions. He is a CFA, CFP, and an MFA-P.  ·        What are the benefits of philanthropy for you, your clients and the advisors               you work with? ·        Can anyone be a philanthropist?  ·        How do you open your...

The most common question people have when thinking about their retirement is “Will I have enough?” But reframing that question to “How Much is Enough” can help people focus the process of getting to their ideal number and then discover a new chapter that begins with “What is the Purpose of this Wealth? That’s why Mastering Your Retirement early in life is so important.  If you enjoyed this episode...

Heading into 2026, there are huge financial concerns for Canadian family small business owners:  persistent cost pressures, a shifting political and economic landscape, and the urgent need for leadership transition. Some would say, in the negative that Canada risks losing control over its economy if the transition of small businesses “the silver tsunami” doesn’t go well.  Some would call it a succ...

Don’t you think it’s time for a major tax reform to remove economically damaging high marginal tax rates on middle and upper income earners?  Raise your awareness about the powerful tax policies that could raise your standards of living.  learn.knowledgebureau.com

Building personal wealth allows people to better manage financial risks, pursue career opportunities and achieve a higher standard of living.  Investing to earn capital gains can accelerate the process.  Catch the Real Tax News about the capital gains tax incentive that savvy investors are tapping into with Evelyn Jacks and special guest Kim Moody, who will decipher some of the tax jargon and the...

It’s complex; tax filing that is. But it’s the ticket to your retirement readiness. From 18 to 78 and beyond.   Learn how to pay it forward: strong starts in investing is about taking back the power to build your after tax wealth in retirement! And, if you think the Canada Pension Plan will do it for you. . .think again!   Learn how to do more for your financial peace of mind. There’s lots of fun...

In this week's episode we discuss: Deadlines and Dates with CRA Post April 30  New Tax Benefit Year Starts July 1  Do You Need to File a TFSA Return?  Back to School on the RESP  Are You Missing Out on the Canada Learning Bond?  Finding Mid-Year Gold:  Adjust Prior Filed Returns learn.knowledgebureau.com

In this week's episode we discuss: What to do if your Tax Records are Lost  Why Signing Up for MyAccount with CRA is so important   Take Back What is Yours:  Recover Forgotten Money at CRA  Travellers:  Why Digitizing your Records Makes Good Sense  Valid Reasons for Hard Copy  The Model Taxfiling Citizen – There are Advantages   How to Get Your 2025 Refund Every Two Weeks Instead learn.knowle...

In this week's episode we discuss: Why Canada’s SMEs are in a Funk Canada’s High Compliance Rates with CRA Open for Business – A Big Opportunity, A New Way of Thinking Mobility:  A New Strategy for Labor, Students, Apprenticeship, Mentorship SMEs - Canada’s Unpaid Tax Collectors Uber-Complexity:  The Intergenerational Business Transfer Rules New CRA Communications Protocols:  Digital and on P...

In this week's episode: Growth Forecast – The News is Stark The Deficit Drag – On Economic Growth, Pocketbooks Why Spur Revenue Growth: Minimize Unemployment, Increase Income and Wealth The Pivots:  Interprovincial Opportunities, Social Safety Nets, Entrepreneurship A new Relationship with the CRA for Business Start ups Managing Your Biggest Wealth Eroder - Taxes  learn.knowledgebureau.com

In this week's episode we discuss: Get Your Tax Ticket: The New Canadian Dental Care Plan and More Get Your Ticket: File a Tax Return Who Qualifies for the New Canadian Dental Care Plan? What does an RRSP have to do with it? Procrastinators: Your Missing Out on More Than a Tax Refund Late Filers: What to do if you can’t pay CRA Find a Qualified Tax Pro to Help – Or take an online Starter Cour...

In this week's episode we discuss: Is Income Earned Illegally Reportable?  Sin Taxes and The Underground Economy Refile Your Return to Avoid Gross Negligence or Tax Evasion Penalties Get Tax Advice: Expect a Thorough Interview to Optimize and Protect The Hudson’s Bay Company, Family Heirlooms and a Little Known Tax Tip Managing to Save Taxes for the Future: Have a Strategy and a Process Subsc...

In this week's episode we discuss: Late Filers Beware: heavy penalties coming How much is the average balance due? After tax season – things you can expect from the tax department Errors or Omissions? Request an adjustment Electronic filing – is it really a panacea? New Government – Big Announcements – Big Deficits Tax Complexity for New Members of Parliament  learn.knowledgebureau.com

In this week's episode we discuss: The Last Carbon Tax Rebate - What to do with the Windfall Options for Reinvesting Rebates and Refunds How Your Age and Net Income Affects Investment Choices Good Debt vs Bad Debt – What’s Your Order?  Government Debt – Who Pays and Why it Matters Economic Growth Helps – Discussions for Taxpayers and their MPs What is Brain Drain? Medical Expenses – Who Shoul...

In this week's episode we discuss: Should you file your own tax return? What are the issues to watch for when using tax software? Driving your tax software  - why learning about tax filing rules is a great investment Often missed medical expenses software can’t know about Tax avenues designed for young people to build wealth Opportunities for home ownership – innovative investment options Pre...

In this week's episode we discuss:  Interviewing Your MPs – Pre and Post Election The Link Between GDP and Taxes What is a Recession? Why do we need to know? How do we prepare for It? Are Canadians good at making a financial pivot? What to do when there is job loss or change?   How to upskill for a new economy and weather unemployment threats? Small business start-ups – things to know to incr...

In this week's Episode: - Recent economic issues, including difficulties with CRA service levels. - Stagnant Old Age Security benefits despite inflation. - The impact of tariffs on investments.  - Exploring tax relief options for those experiencing investment losses.  - Tax Planning and Investment Strategies learn.knowledgebureau.com

In this episode of Real Tax News we discuss: - The upcoming tax filing season  - The growth of the tax preparation industry in Canada  - The complexity of the Canadian tax system.   - Carbon taxes - Government checks  - The impact of the capital gains inclusion rate increase on individuals  Lastly, we discuss the upcoming "goodie check" from the Federal Government, the potential impact o...

In this episode of Real Tax News: - Evelyn Jacks explains the importance of economic growth in Canada.  - What is GDP and why does it matter?  - Why isn't economic growth highlighted more in our mainstream media and why don't we hear more about it from the various levels of government?  Listen now and don't forget to subscribe to the Knowledge Bureau Report at knowledgebureau.com fo...

In this episode, we discuss: - Canadian Tax Policy Updates - Tax Filing Season Chaos Continues - Bank of Canada's Interest Rate Decision - Projected 70 Billion Dollars Impact - Election Transparency  Sign up for Knowledge Bureau Report at www.knowledgebureau.com for latest news and weekly updates! Sound production and editing by Classic Jax Studios   learn.knowledgebureau.com

In uncertain tax and economic times like these, what decisions do Canadians have to make about their finances? What can be done to shore up threats to income and wealth accumulations? What should be done and by whom? What matters?    It’s not one-size fits all - take a multi-stakeholder and a multi-advisory approach Do a Deep Dive – a Thorough Financial Assessment How to Control The Wealth Eroders...