Tax

Keep more money through tax planning

The goal of retirement income planning is to make sure your clients have enough cash for their golden years, but that involves more than just finding the right annuity. Tax planning is one of the best, and easiest, ways to keep more money in your clients’ pocket. While there are several tools to mitigate a […]

By Bryan Borzykowski |April 6, 2009

5 min read

Tax tips for ’09

Business owners with their own in-house accounting managers and individual tax filers alike have the opportunity this month, and throughout the year, to double-check and make sure they’ve made use of all available credits and strategies at their disposal. See also: • Small business death and taxes • Tax brackets, figures and details for your […]

By Kate McCaffery |April 5, 2009

4 min read

Fewer miles to go

Just as tax season is about to come to an end, investment advisors should take note of a recent decision that may affect their own personal taxes as they fi- nalize their 2008 tax returns. The case (Diaz v. The Queen, 2009 TCC 114), heard late last year, involved Aldo Diaz, a selfemployed, investment salesman […]

By Jamie Golombek |April 1, 2009

3 min read

Low Rates, Big Take

With record-breaking low interest rates, borrowing to invest can be particularly effective right now. And in this low-interest environment, certain planning opportunities that relate to family income splitting, and certain employee loans become particularly attractive. Generally, income arising from an investment that’s funded by a loan made to a spouse, partner, minor children and/or grandchildren, […]

By Gena Katz |April 1, 2009

3 min read