Tax

Charitable tax credits flexible after death

The income tax act provides that a charitable gift gives rise to a donation tax credit in the calendar year in which the gift was made. And, to the extent the donation tax credit is not claimed in that year, it may be carried forward and claimed in any of the donor’s five succeeding taxation years.

By Barry Corbin |April 1, 2012

3 min read

When tax is a piece of cake

As I completed my tax return last month, I found myself amazed at how much the preparation and filing processes have changed since I first became a filer.

April 1, 2012

3 min read

Feds improve, streamline RDSP

Despite its austerity, this budget was a huge boon for disabled clients.

By Melissa Shin |March 29, 2012

4 min read

Budget tests client retirement assumptions

There’s no question, the biggest piece of news out of the federal budget is increased age at which Canadians will qualify for Old Age Security payments. The good news is that the government has given plenty of notice.

By Staff |March 29, 2012

3 min read