Real Tax News You Can Use with Evelyn Jacks

Knowledge Bureau
  • 0.0 (0)
  • Education

Real Tax News - People Need to Know We Provide World Class Financial Education to Improve Wealth Potential and Secure Financial Futures. Knowledge Bureau is a certified, post-secondary institution which provides business and financial education to individuals, professionals and workplaces, leading to verifiable and specialized credentials. KB was established in 2003 by Founder and President Evelyn Jacks, an award winning entrepreneur, financial educator and best-selling tax and financial author. Knowledge Bureau also confers continuing education credit hours to professionals from a broad spectrum of industries, for the purposes of their continuing professional development requirements. Some of these programs may also be accredited by other third parties, including national organizations, regulators and associations. Finally, we provide “Education as a Service”: curriculum design, development, publishing and instructional delivery for professional development objectives in small, medium and large businesses. Visit us at learn.knowledgebureau.com

  1. 3d ago

    Intergenerational Wealth and Estate Planning with Larry Frostiak

    The more than $1 Trillion wealth transfer has already begun in Canada and many people are leaving some of that money to their children now – they may be helping them buy a home or fund education for grandchildren. Formal estate planning requires some key documentations – a will, a power of attorney and a health care directive for example. You’ll also need to designate an executor. But in addition, there are lots of tax consequences to think about. 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 of the Manitoba Institute of Chartered Accountants. He holds the FCPA, FCA, CFP, TEP, RWM™, FDFS™ credentials. He is also the bestselling author of Master Your Investment in the Family Business, published by Knowledge Bureau and a Member of Knowledge Bureau’s Faculty. learn.knowledgebureau.com

  2. 5d ago

    Cross Border Tax Tips With Dr. Dean Smith

    Canadians continued their globetrotting activities in 2025 however, the places they are going to has significantly changed, according to Statistics Canada. Statistics Canada reported that Canadian residents returned from 3.9 million trips abroad in November of 2024. This was up 6.8% from the year before. And about half of these were trips to the United States and most of them – about 70% - were same-day trips.  But things changed in 2025. The number of Canadian-resident return trips from the United States was down 25.0% year over year. In contrast, both the number of Canadian-resident return trips from overseas (+12.9%) and the number of trips to Canada by overseas residents (+14.1%) increased compared with the same month a year earlier. When it comes to Snowbirds, however, there are no precise Canadian government statistics. A 2023 snowbirdadvisor.ca report found, however, that over 85% of snowbirds travel to the U.S., and of those, approximately one-half own their own U.S. real estate. The most popular U.S. winter destinations for Canadians are Florida, Arizona, California, and Texas. But of the newer snowbirds, 25% were looking at other foreign destinations including Portugal, Spain, Costa Rica and Panama. It is also interesting to note that since January of 2025, Canadians are starting to sell the property they own in the U.S. A Royal LePage Survey found that 54% of Canadians plan to sell their property within the next year, ending August 2026. Of those who already have done so, 44% were influenced by the current political environment, 27% due to personal or financial reasons, and 22% due to extreme weather in the States. Such a dramatic swing in north - south travel is bound to come with important tax consequences, especially for Canadians who have investments in the US.  In fact, Canadian residents are taxable on their worldwide income. But, non-residents of Canada are taxable only on their Canadian source income. There are some important definitions attached to those two basic premises. Today we are going to get specific about a number of interesting topics, like  -        Tax Residency, Snowbirds -        People wanting to retire into the U.S. or come back -        Multijurisdictional families – what to watch out for  -        The latest news on taxation of investments held in the US -        Who is subject to estate taxation? Dr. Dean Smith, PHD, is a prolific academic who also holds the CFP, TEP, CPA, CA, RWM™, FDFS™ designations. He is a partner with Cadesky and Associates LLP and the President of Cadesky U.S. Tax Ltd. Dean has been involved with expatriate tax work for over 25 years assisting companies moving employees around the world.   Clients also include private individuals who have multiple jurisdictional filings, high net worth individuals with cross border needs, including Canadians individuals and corporations looking to invest in the United States and also American individuals and U.S. entities, looking to invest in Canada. He works primarily with Canada. He also is an expert in cross-border personal tax and estate planning – for Canada, U.S. and U.K. Dean is also a Faculty member and writer with Knowledge Bureau.  learn.knowledgebureau.com

  3. Oct 2

    Setting Goals at a Time of Great Change with April-Lynn Levitt

    Financial and business planning is something most people don’t do.  But those who do it, flourish.   The secret is to do it in a way you can manage it.  And that is the subject of our conversation today with a very special guest.  April-Lynn Levitt has been a coach with The Personal Coach since 2006 and is passionate about helping financial advisors reach their potential. She herself worked for 10 years as a top Financial Consultant and Regional Manager managing $1 Billion dollars in investments for physicians and their families. Prior to that she was an independent financial advisor in Vancouver specializing in the professional women’s market.  April has her Bachelor of Commerce with Distinction from the University of Alberta, her CFP, and extensive coaching, sales and management training. She is a frequent contributor to industry publications and a Faculty Member of the Knowledge Bureau. learn.knowledgebureau.com

  4. Sep 25

    Tax Reforms For Canadian Entrepreneurs With Dan Kelly

    Canada was built on Entrepreneurship.    But last April the Montreal Economic Institute issued a warning:   The number of self-employed Canadians with paid help—the businesses most likely to scale, hire, challenge incumbents, and help grow GDP— peaked some time ago at approximately 867,000 in 2005.   By 2025, that number had fallen to 716,000, a drop of nearly 18 percent—despite population growth of over 9 million over that same time period.   Self-employment accounted for roughly 16 per cent of total employment in Canada at the start of the 2000s but this fell to 11 per cent by 2025.   In per capita terms, about one in 37 Canadians was an entrepreneur back in 2005, compared to only one in 58 Canadians by last year.    The Hub, another think tank, mirrored the concerns.  They point to research that says between 2015 and 2024, annual business formation in Canada was essentially flat.    Worse Federal industrial regulatory requirements grew 37 percent between 2006 and 2021, before counting in the effect of provincial and municipal rules.    And against that backdrop is the demographic reality, that succession is in full swing in Canada – just when we need new entrepreneurs to take over small businesses, there is a real dearth of them.    In fact, the Canadian Federation of Independent Business (CFIB) says that Canada is experiencing a historic "entrepreneurial drought" where business closures outpace new entries. At the exact same time, a "succession tsunami" is hitting the economy as an aging generation of owners prepares to exit.   So to help us embellish on this topic today is our friend Dan Kelly. Dan Kelly is CFIB’s President and CEO and, in this role, is the lead spokesperson and advocate for the views of the organization’s 103,000 members. In 2015, Dan was named one of the “Top 100 most powerful and influential people in government and politics” by Power & Influence Magazine, and he is regularly featured on lists of Canada’s top lobbyists. Dan is a regular speaker in Canada and around the world on topics such as international trade, the payments industry, and skills and labour shortages.  Dan started his CFIB career in 1994 as a Policy Analyst in his hometown of Winnipeg. Before becoming President of the CFIB and relocating to Toronto in 2012, Dan served as CFIB’s Senior Vice-President of Legislative Affairs based in Ottawa. While in Ottawa, Dan focused on the need for major changes in the payments industry and drafted the first version of Canada’s Code of Conduct for the Credit and Debit Card Industry. Over the course of 2020 and 2021, Dan led CFIB’s 400 staff in supporting small businesses through endless lockdowns and COVID restrictions.  The CFIB took 150,000 calls from small business owners at that time and Dan personally did over 3000 media interviews.  learn.knowledgebureau.com

  5. Sep 18

    Investors & the Crisis to Come with Mark Taucar and Nicolas Johnson

    Today we are talking about how investors can best manage the crisis to come as a result of the volatile global disruptions we find ourselves in.  What should the average investor and taxpayer be thinking about as they are affected by the extremely volatile daily news about their economy, their livelihoods and their capacity to fund future savings for their retirements? Mark Taucar holds the CFA, RWM designations and is a  Canadian Portfolio Manager who leads investment strategy at Accilent Capital Management.   He has built discretionary referral platforms for leading portfolio managers and their clients.     Nicolas Johnson is Vice President, Business Development at Pavilion Flow-Through Fund whose Corporate Parent is Accilent Capital Management.  He has worked for over 12 years in financial journalism at Bloomberg News in Europe and Asia, plus had a stint at The Globe and Mail in Toronto.  He has been cited in Canada’s House of Commons and Senate, and often quoted by media including The Economist, CBC News, The Globe and Mail, Toronto Star, National Post, Toronto Sun, and CTV News.  learn.knowledgebureau.com

  6. Jun 26

    Automatic Tax Filing: Good or Not Good? With Gillian Petit

    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. The government will then initiate a pilot project in the fall of 2026.  CRA will have the discretionary authority to fill in and file a tax return for an identified individual. This new system is aimed at getting more government benefits like the Canada Child Benefit or new Groceries and Essentials Benefit out to low or nil income Canadians with simple returns.   By March of 2029, for the 2028 tax return, it’s anticipated that 5.5 Million returns will be filed for eligible individuals.   Gillian Petit is a  Ph.D. in Economics, Department of Economics, at the University of Calgary, who has a  Juris Doctorate, Faculty of Law, and an MA in Economics from Queen’s University. She is currently a Post-Doctoral Researcher and Senior Research Associate, Department of Economics, University of Calgary and has recently written an important paper for the Institute for Research on Public Policy Entitled, Automatic Tax Filing: Welcome News for Lower-Income Canadians, but There’s More to Do.  learn.knowledgebureau.com

  7. Jun 11

    Alternative Investment Strategies - With Aaron Dubnicoff

    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 Capital Management Inc.  Aaron Dubnicoff is the Managing Director of Sales at Arrow Capital Management Inc. where he has been educating investors and their advisors for the last five years on the challenges of navigating a complex global economic environment.  He is a graduate of the University of Winnipeg. Arrow Capital Management Inc. is registered as an Investment Fund Manager and Portfolio Manager. The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities. Commissions, trailing commissions, management fees, and expenses may all be associated with mutual fund and alternative fund investments. Please read the applicable prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Alternative investments and liquid alternative strategies may involve leverage, short selling, and other investment practices that involve special risks. Investors should consult with their financial advisor to determine if any investment is suitable for their particular circumstances before making any investment decision. Arrow Capital Management Inc. is headquartered in Toronto, Ontario. For more information, visit www.arrow-capital.com learn.knowledgebureau.com

  8. Jun 5

    Women And Their Money with Esther Findlay

    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), and that is equal to about 34 percent of global AUM.   Yet financial services firms are only now starting to recognize the unique goals and preferences of female investors and that’s the subject of our conversation today.  To help us understand these issues we have a very special guest today, my friend, Esther Findlay Esther Findlay is the SVP, Business Development for Western Canada and Chair of IG Women, Wealth & Wellbeing.  In this role, she leads business development strategies across Western Canada while championing programs that support women’s financial confidence, wellness, and long-term success. She previously served as SVP for IG’s national Planning Specialist Network leading Insurance and Estate Planning Specialists and Mortgage Planning Specialists and as President and UDP of IG Securities. Esther joined IG Wealth Management in 1990 and has held progressive leadership roles across Western Canada, earning distinctions including the Master Director Award. She is also a recipient of Wealth Professional’s Women of Influence Award and two Heart Truth awards from the Heart & Stroke Foundation. She holds a Business Administration diploma and the Chartered Financial Planner (CFP), Personal Financial Planner (PFP), and Registered Retirement Consultant (RRC) designations. Married to Keith Findlay, CPA and proud mother of Jonaus and Noah. learn.knowledgebureau.com

See All (35)

About

Real Tax News - People Need to Know We Provide World Class Financial Education to Improve Wealth Potential and Secure Financial Futures. Knowledge Bureau is a certified, post-secondary institution which provides business and financial education to individuals, professionals and workplaces, leading to verifiable and specialized credentials. KB was established in 2003 by Founder and President Evelyn Jacks, an award winning entrepreneur, financial educator and best-selling tax and financial author. Knowledge Bureau also confers continuing education credit hours to professionals from a broad spectrum of industries, for the purposes of their continuing professional development requirements. Some of these programs may also be accredited by other third parties, including national organizations, regulators and associations. Finally, we provide “Education as a Service”: curriculum design, development, publishing and instructional delivery for professional development objectives in small, medium and large businesses. Visit us at learn.knowledgebureau.com

Information

You Might Also Like