News and resources for Canada's top financial advisors
Tax Strategies
A commuting pilot’s predicament
By Doug Carroll |June 10, 2013
3 min read
Industry
When a client dies, any property he owned is automatically deemed sold at fair market value, which could lead to capital gains or losses. But what if that property includes stock certificates from companies that no longer exist?
June 10, 2013
1 min read
Tax News
The government wants more small businesses. So it’s reduced taxes on business income and made some business-related expenses deductible.
By Wilmot George |June 10, 2013
6 min read
Economic Indicators
Faris Fink today expressed regrets over a California conference for IRS employees that featured a lame Star Trek parody, pricey hotel upgrades, and a gift or two funded at taxpayer expense.
By Staff |June 6, 2013
Estate Planning
You’re scanning the local paper and see your client, a home inspector, is being sued. Your client’s likely embarrassed and may not want to discuss the matter. How do you bring it up delicately?
June 6, 2013
Comments are now open on the Budget 2013 proposal to eliminate the tax benefits of trusts and certain estates, which are taxed at graduated rates.
By Staff |June 5, 2013
2 min read
Many affluent investors avoid the subject because it touches on uncomfortable issues, including mortality and making sure loved ones are taken care of.
By Staff |June 4, 2013
Controversies between companies and Canada's tax authorities are increasing.
Nigel Chamberlain (name changed) spent 35 years serving patients in his Calgary psychiatric practice and acting as an expert witness during court proceedings. But he’d neglected the investment side of his finances.
By Philip Porado |June 3, 2013
The 2013 Budget introduced a slew of changes to tax rules in an attempt to plug loopholes.
By Staff |June 3, 2013
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