News and resources for Canada's top financial advisors
Industry
Sitting steady in the top 10 ranking for the last three studies, Canada remains in 8th place when it comes to its ease of paying taxes for businesses.
By Staff |November 19, 2013
2 min read
Each year, certain personal income tax and benefit amounts are indexed to inflation using the Consumer Price Index data as reported by Statistics Canada.
By Staff |November 13, 2013
1 min read
Economic Indicators
Post-secondary tax credits cost the federal and provincial governments billions of dollars each year, but are not distributed equitably and may have no proven effect in boosting enrolment, says the C.D. Howe Institute.
Estate Planning
When retirees move in together, they need to consider how they'll handle end-of-life issues.
By Russell Drago |November 13, 2013
5 min read
Tax News
Why read this? › Your clients have university-age children › Your clients or their children have been selected for CRA reviews Why was the return selected for review? Less common triggers include What to do? 1. Tell your client a review isn’t the same as an audit, which is a more extensive examination. A review […]
By Jessica Bruno |November 12, 2013
3 min read
The minimum interest rate for family loans rose from 1% to 2% in October 2013, and should fall back to 1% in January 2014. But changes in the interest rate don’t take the lustre off this income-splitting strategy, say tax advisory and wealth management experts. Families can still benefit; the keys are understanding how the […]
By Dean DiSpalatro |November 12, 2013
7 min read
Penalties are harsh, so make sure clients include it correctly
By Jamie Golombek |November 12, 2013
Tax consequences can emerge unexpectedly
By James and Deborah Kraft |November 12, 2013
4 min read
IAFP case study deals with a family considering a U.S. move
November 12, 2013
10 min read
Which tax rates are clients really paying?
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