News and resources for Canada's top financial advisors
Industry
The Canada Revenue Agency (CRA) has offered a list of tax tips, including many ways to help save money at tax time.
By Staff |March 5, 2013
2 min read
Tax News
Many of your clients probably have kids in post-secondary education. More often than not, those students have little or no income. All the more reason to file a tax return.
By Staff |February 28, 2013
3 min read
Your client wants to give to charity. But before he makes a donation, warn him about gifting tax shelter schemes. If it seems too good to be true, it probably is, says the Canada Revenue Agency (CRA). For example, if a tax shelter promoter offers a tax receipt for a larger amount than the donation […]
By Staff |February 27, 2013
1 min read
Clients who contribute to RRSPs are often eager for the immediate gratification of a tax refund.
By Melissa Shin |February 26, 2013
Nearly one-third of eligible Canadians (32%) still plan make an RRSP contribution for the 2012 tax year, says a new CIBC poll. And though they’re quickly running out time, more than half of these people say they’re going to put it off until the last 48 hours. Read: RRSPs are more than tax tools “Everyone’s […]
By Staff |February 25, 2013
When wealthy clients discover their final tax liabilities for 2011, some may no doubt be surprised to find they owe Alternative Minimum Tax (AMT). Help clients avoid this shock.
By Stella Gasparro |February 25, 2013
The number one question Canadians are asking this RRSP season is whether to pay down debt before contributing to their long-term savings, says Jamie Golombek, CIBC's managing director of tax and estate planning.
RRSPs benefit your clients, but they can also come with financial pitfalls.
By Staff |February 22, 2013
Most people start saving for retirement in their 30s, but there are myths holding them back from RRSP contribution.
By Staff |February 20, 2013
The majority of Canadians (60%) who will contribute to their RRSP this year will do so in the next two weeks, says TD, and many will leave it right down to the wire for the March 1 deadline. “Making regular contributions throughout the year, every year, is the most effective way to grow your retirement […]
By Staff |February 19, 2013
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.