Tax

Choose to lose

The current investment landscape is painted red with significant accrued losses just waiting to be realized. You can help your clients make the most of these losses in difficult times by offering them some tips about tax-loss selling. To benefit from capital losses, there must be capital gains against which to apply them. If capital […]

By Gena Katz |December 1, 2008

3 min read

Dying for savings

Astute advisors often promote planning that can help minimize taxes at the time of death. But there are a number of filing and election strategies, even for the unprepared clients, that can result in considerable tax savings to their estates. For advisors assisting clients who have recently suffered a death in the family, here are […]

By Gena Katz |December 1, 2008

3 min read

Case study: How to use TFSAs for different client types

They say bad news travels fast, and this has undeniably been the case in the markets of late. I’ve been dismayed to see my equity-weighted RRSPs shrink in recent weeks, and it’s likely most of your clients have witnessed this happening to their accounts too. While that might make your clients nervous, remember that what […]

November 21, 2008

8 min read

Up to speed: An overview of tax changes in 2008

charitable donations; alimony payments; Need a little tax tutorial before plunging into another RRSP season? Bring yourself up to speed on this year’s tax changes with this succinct overview. 2008 tax brackets and personal tax credits 2008 saw a continuation of full inflation indexing of the federal tax brackets. The updated brackets are as follows: […]

November 21, 2008

5 min read