Tax News

When a client has capital losses in an RRSP

With at least three decades to go before retirement, Josh’s portfolio is invested in global mutual funds, commodity stocks and specialty funds. Through diligent saving, he has managed to put away $110,000.

By Lisa MacColl |December 3, 2012

5 min read

Help affluent professionals save tax

Doctors, Dentists, lawyers and other professionals make great clients. They’re usually high income earners with steady and predictable cash flow. Most will fund their own retirements, so they want capital preservation. One surefire preservation method is to save on taxes. Here’s how.

By Stella Gasparro |December 3, 2012

3 min read

U.S. tax rates have fallen since 1980

Many hardworking citizens feel the tax system is unfair, but they're luckier than they think.

By Wire services |November 30, 2012

1 min read

5 year-end tax tips

Canadians only have about a month to take advantage of year-end tax savings. “There are a number of easy ways for Canadians to reduce taxes that they might otherwise owe, but in many cases you need to act before December 31,” says CIBC’s tax and estate planning expert, Jamie Golombek. Read: TFSA contribution limit increased […]

By Staff |November 30, 2012

2 min read