Three tax resolutions for 2018
Here are three simple tax strategies you and your clients should keep in mind for minimizing taxes this year
- By: Jamie Golombek
- January 15, 2018 November 10, 2019
- 07:05
Latest news in Jamie Golombek
Tips for yearend charitable donations
There are three key tax considerations you and your clients should keep in mind when making decisions on charitable donations for the end of 2017
- By: Jamie Golombek
- December 10, 2017 November 10, 2019
- 16:00
Capital gains tax needs to be reduced or abolished
There are many benefits to be had for investors and the overall economy as a whole if the capital gains tax is eliminated
- By: Jamie Golombek
- November 12, 2017 November 10, 2019
- 18:00
Submissions on passive income proposals bring up valid arguments
The government should take a close look at the Joint Committee on Taxation’s comments on the proposed passive investment income proposal
- By: Jamie Golombek
- October 15, 2017 November 10, 2019
- 18:00
RESPs are like TFSAs for clients’ children
Encourage parents with excess funds to maximize the tax-deferred or tax-free compounding in a child’s RESP by making an additional lump-sum contribution of $14,000
- By: Jamie Golombek
- September 17, 2017 November 10, 2019
- 17:30
Feds launch attack on corporate investing
The proposed change to the taxation of passive investment income arising from active business income retained inside a corporation is most concerning
- By: Jamie Golombek
- August 20, 2017 November 10, 2019
- 17:00
Day trading in a TFSA or RRSP
There are several factors that must be taken into account when determining whether a taxpayer’s gains from securities constitute carrying on a business
- By: Jamie Golombek
- July 24, 2017 November 10, 2019
- 05:00
The dangers of going to tax court
Although clients can take the CRA to the Tax Court of Canada, they need to be aware of the public exposure that may come their…
- By: Jamie Golombek
- June 26, 2017 November 10, 2019
- 05:00
Helping clients through a tax audit
Advisors can often play an important role in helping to provide clients under audit with any missing information about their investment tax reporting
- By: Jamie Golombek
- May 29, 2017 November 10, 2019
- 05:00
Not another tax refund?!
Getting a tax refund is a sign of poor tax planning, so help clients reduce the taxes their employers withhold for the rest of 2017
- By: Jamie Golombek
- May 1, 2017 November 10, 2019
- 05:00
The fallout from Budget 2017
The feds didn’t tackle many expected tax issues, but made it clear they’re reviewing some tax planning strategies involving the use of private corporations
- By: Jamie Golombek
- April 3, 2017 November 10, 2019
- 06:00
Are changes to capital gains in the offing?
Although the Liberals have not discussed increasing the capital gains inclusion rate, such a measure shouldn’t be ruled out
- By: Jamie Golombek
- March 6, 2017 November 10, 2019
- 06:00
Trump’s tax plans to have impact on HNW clients
A reduction in the highest U.S. income tax bracket could encourage high earners to move stateside while a repeal of the estate tax means complex…
- By: Jamie Golombek
- February 6, 2017 November 10, 2019
- 06:00
Tax resolutions for 2017
Here are 10 strategies to help clients minimize their tax burden and maximize their financial positions
- By: Jamie Golombek
- January 9, 2017 November 10, 2019
- 06:00
Taking advantage of tax-gain donating
If your clients are sitting on some significant accrued capital gains, you could remind them about donating appreciated securities “in-kind” to the charity of their…
- By: Jamie Golombek
- December 12, 2016 November 10, 2019
- 06:00
Tax simplification process just getting underway
Given the proliferation of “boutique” tax credits, it’s clear that all of us could benefit from a simpler tax system
- By: Jamie Golombek
- November 14, 2016 November 10, 2019
- 06:00
What’s new for 2016 yearend tax planning
There are three tax strategies expiring at the end of the year that clients should take advantage of before Dec. 31
- By: Jamie Golombek
- October 17, 2016 November 10, 2019
- 05:00
Help parents save enough for their children’s education
Advisors can play a key role in ensuring clients understand and prepare for the costs related to their kids’ post-secondary education
- By: Jamie Golombek
- September 19, 2016 November 10, 2019
- 05:00
Help your newlywed clients
Advisors can play a huge role in facilitating a discussion about financial planning for newlywed couples, many of whom have not discussed their finances in…
- By: Jamie Golombek
- August 22, 2016 November 10, 2019
- 05:00
Help clients take advantage of the new Canada child benefit
The new CCB monthly benefits could be best maximized if they’re contributed to a registered investment vehicle such as an RESP, RDSP, RRSP or TFSA
- By: Jamie Golombek
- July 25, 2016 November 10, 2019
- 05:00
Help your clients object to a CRA assessment
If clients mention they have been reassessed, consider sharing a recent Tax Court of Canada decision to ensure they don’t miss their deadline to object
- By: Jamie Golombek
- June 27, 2016 November 10, 2019
- 05:00
Getting rid of boutique tax credits
Could the potential elimination of boutique tax credits lead to a lowering of the general income tax rate for all Canadians?
- By: Jamie Golombek
- May 30, 2016 November 10, 2019
- 05:00
Last minute tax-filing tips
Here are some reminders to share with your clients ahead of this year’s tax-filing deadline at end of day on Mon. May 2
- By: Jamie Golombek
- May 2, 2016 November 10, 2019
- 05:00
Time to help clients consider their linked notes investments
This year’s federal budget proposes to change the tax laws governing linked notes to treat a gain realized on the sale as interest earned on…
- By: Jamie Golombek
- April 4, 2016 November 10, 2019
- 05:00
Prepare your clients for Budget 2016
Here are three potential changes to discuss with your clients before the Liberals deliver their first budget
- By: Jamie Golombek
- March 7, 2016 November 10, 2019
- 06:00