News and resources for Canada's top financial advisors
Industry
Tax preparers can now register with the Canada Revenue Agency (CRA) to comply with new mandatory electronic filing requirements. Starting January 2013, those who prepare more than 10 income tax returns in a year will be required to file them electronically. This applies to both T1 individual income tax and benefit returns, and T2 corporation […]
By Staff |October 23, 2012
1 min read
Estate Planning
Your clients have been approved for a mortgage, but you’re not sure they’re ready.
October 23, 2012
2 min read
A personal representative (executor in some jurisdictions, estate trustee in Ontario, liquidator in Quebec) must deal with estate debts, potential claims against the estate and taxes when a loved one passes.
By Tim Brisibe |October 22, 2012
3 min read
Discuss emergency funds and contingency plans. Emergency funds should cover between three and six months of living expenses.
October 18, 2012
The government introduced five positive changes to the RDSP in Budget 2012
By Jacqueline Power |October 17, 2012
4 min read
A unique income-splitting approach
By Derrick de Gannes |October 16, 2012
Tax News
Are they the best gift parents can give children, or are there better options?
By Kanupriya Vashisht |October 16, 2012
6 min read
Donate flow-through shares and reduce the after-tax cost of giving
By Lisa G. Davis |October 16, 2012
A majority (60%) of Canadian entrepreneurs want to invest in their small- and medium-sized businesses within the next year, finds a Business Development Bank of Canada (BDC) survey. However, one of the greatest obstacles to growth is money, or lack thereof. In fact, 50% say they have insufficient working capital, and 30% have trouble accessing […]
By Staff |October 15, 2012
Several provinces are cash-strapped, and are looking to collect more tax. Here are some tax considerations that could save your clients thousands. Discuss each as part of your year-end planning meeting.
By Francys Brown |October 15, 2012
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