Tax News

Do client policies pass the exempt test?

After an insurance policy’s 10th year, it must pass three tests to remain classified for protection, not investment, known collectively as the Exempt Test. Here’s how you can ensure your clients pass the test.

By David Wm. Brown |April 22, 2013

2 min read

Is an RRSP always worthwhile?

The conventional wisdom within the advisor community is "save, save, save." While this rule is almost always true, low-income clients may pose a slight exception.

By Mark Noble |April 22, 2013

5 min read

Quebec fights for labour fund tax credit

Organization asks the government to reconsider Budget 2013’s elimination of the labour fund tax credit.

By Staff |April 19, 2013

1 min read

Perils of joint ownership

To avoid wills, some clients put property under joint ownership. It's their biggest asset and they figure, "Why bother with the hassle of a will?"

By Staff |April 18, 2013

2 min read