Money Feelings
How does Money Make You Feel? Most people would immediately say, “Good,” but does that reflect their true feelings when it…
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The Bare Trust Debacle
In this article, we’re going to speak about the Enhanced Trust Reporting Requirements that were supposed to be reportable by March…
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Foreign Asset Reporting
As the world has become more interwoven, individuals have easier access to invest, work, and otherwise earn income from other countries. …
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The Section 85 Rollover
What to Know Before Incorporating, Part 2 What is Section 85? Section 85 of the Income Tax Act (ITA) allows an…
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RRSPs Aren’t for Everyone
At this time of year, we see a lot of promotion of RRSPs from financial institutions and financial planners. They make…
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National Bookkeeping Week
This year, Certified Professional Bookkeepers of Canada (CPB Canada) launched the first-ever National Bookkeeping Week. It’s important to recognize the professionals…
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Thank you (CPB award)/ year in review
In September 2023, several KATA team members had the pleasure of attending CPB Ignite in Toronto, Canada. CPB Canada is the…
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2024 T1 Personal Tax Return FAQ
This is a republish of our T1 FAQ from 2024 with updated information for 2025. What is the Tax-Free First Home…
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Why Short-Term Rental Expenses May Be Denied
Key Items to Watch None of the measures mentioned in the 2023 Fall Economic Statement have received Royal Assent. They are…
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Preparing your Business for Year-end
“By failing to prepare, you are preparing to fail” Benjamin Franklin What kind of year-end service do you need? Understanding the…
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