Tax

Why you should start RESP conversations early

It’s possible that many of your clients’ children do not have RESPs. In 2014, Statistics Canada found that only 48.5% of children had received the Canadian Education Savings Grant (CESG), which is calculated based on contributions made to RESPs. Further, a non-government survey published by the Bank of Montreal in the same year found that […]

By Bernard Viau |October 26, 2017

5 min read

U.S. expats might get lower tax bills

U.S. expats with six-figure salaries could benefit from potential U.S. tax reform. American lawmakers are “seriously” considering a measure that would tax U.S. expats on only income earned in the U.S., reports the Financial Times (article has paywall). For the 2016 tax year, U.S. expats can exclude up to US$101,300 from their worldwide income for […]

By Staff |October 25, 2017

1 min read

Tax proposal summary: what’s in, what’s out

And what's unknown

By Staff |October 20, 2017

2 min read

Understanding the lifetime capital gains exemption

What it is and how to access it

By James and Deborah Kraft |October 20, 2017

5 min read