Is RRSP season a thing of the past?
With the TFSA having become a worthwhile option for your clients, it’s time to consider whether an RRSP has the same allure as it once…
- By: Jamie Golombek
- February 8, 2016 November 10, 2019
- 06:00
Latest news in Jamie Golombek
Increasing your clients’ take-home pay
Here are two ways you may help keep your clients from being interest-free lenders to the government
- By: Jamie Golombek
- January 11, 2016 November 10, 2019
- 06:00
Help your clients make the most of their year end charitable giving (Updated)
The holiday season is the best time to help your clients minimize the after-tax cost of their charitable donations
- By: Jamie Golombek
- December 7, 2015 November 10, 2019
- 06:00
Could Trudeau’s Liberals spell trouble for professional corporations?
The new federal government wants to ensure some professional corporations are not used to reduce personal income tax obligations for high-income earners
- By: Jamie Golombek
- November 9, 2015 November 10, 2019
- 06:00
Are TFSAs a good idea for small business owner clients?
The increase in the TFSA’s annual contribution limit this past spring has small business owner clients wondering if leaving funds in their corporations still makes…
- By: Jamie Golombek
- October 13, 2015 November 10, 2019
- 05:00
Heading back to school shouldn’t be a financial headache
Advisors should help clients discuss the importance of money management with their children
- By: Jamie Golombek
- September 14, 2015 November 10, 2019
- 05:00
Home-office expenses for financial advisors
Make sure you keep a record of the clients you meet at your home office to be able to deduct expenses
- By: Jamie Golombek
- August 17, 2015 November 10, 2019
- 05:00
Who exactly is a “high-income” earner?
Federally, the top tax kicks in once taxable income is above $138,586, but provincially, the threshold is all over the map
- By: Jamie Golombek
- July 20, 2015 November 10, 2019
- 05:00
Clients need not panic over “large” TFSAs
The vast majority of clients can continue to contribute and invest in their TFSAs without worrying about the CRA
- By: Jamie Golombek
- June 22, 2015 November 10, 2019
- 05:00
A closer look at the new RRIF rules
The draft legislation to put the new RRIF rules into law includes a provision stating that the old rules still apply in three situations
- By: Jamie Golombek
- May 25, 2015 November 10, 2019
- 05:00
Increase of TFSA annual limit to benefit all
Now double the limit of when the TFSA was first introduced, the savings vehicle has many benefits for higher- and lower-income clients alike
- By: Jamie Golombek
- April 27, 2015 November 10, 2019
- 05:00
Income splitting beyond the family tax cut
There are several income-splitting strategies that can save your clients significantly more money than the new family tax cut
- By: Jamie Golombek
- March 30, 2015 November 10, 2019
- 05:30
RRSP deadline looms
With just hours to go in this year’s RRSP deadline, emphasize retirement savings over debt repayment
- By: Jamie Golombek
- February 26, 2015 November 10, 2019
- 06:00
Help your U.S. citizen clients prepare for tax season
The situation facing these clients is more complex as they have certain filing requirements in the U.S. in addition to their U.S. and Canadian tax…
- By: Jamie Golombek
- February 2, 2015 November 10, 2019
- 06:00
Start the year off right with a prescribed rate loan
Now is the time to help your clients set up a prescribed rate loan because the rate of 1% is the lowest it will ever…
- By: Jamie Golombek
- January 5, 2015 November 10, 2019
- 06:00
The truth about the new family tax cut
You need to help your clients understand their true savings for 2015
- By: Jamie Golombek
- November 24, 2014 November 10, 2019
- 06:00
Don’t forget to report foreign assets on time
Taxpayer gets harsh treatment from the CRA for late-filing Form T1135
- By: Jamie Golombek
- October 27, 2014 November 10, 2019
- 05:00
Canada’s corporate tax policy gets it right
If the U.S. wants to avoid more corporate tax inversions, it should implement a corporate tax policy similar to that of its northern neighbour
- By: Jamie Golombek
- September 29, 2014 November 10, 2019
- 05:00
Back to school tax tips
Here are some ways to help your clients and their children save and budget for post-secondary education
- By: Jamie Golombek
- September 1, 2014 November 10, 2019
- 05:15
The CRA makes key changes to T1135 reporting
The federal tax agency has altered the reporting requirements for clients who own foreign securities in their Canadian brokerage accounts
- By: Jamie Golombek
- August 5, 2014 November 10, 2019
- 05:00
Don’t lose out on the pension income credit
RRSP withdrawals aren’t treated the same as RRIF withdrawals
- By: Jamie Golombek
- July 7, 2014 November 10, 2019
- 05:00
Owning a vacation property can have major tax implications
Here are some key talking tips to assist clients with their vacation property tax planning
- By: Jamie Golombek
- June 9, 2014 November 10, 2019
- 05:00
Tax season is never over
Although the tax-filing deadline has passed, taxes need to be top of mind year-round
- By: Jamie Golombek
- May 12, 2014 November 10, 2019
- 05:00
Adding ‘true value’ during tax season
Helping your clients make sure they have all their tax information can go a long way
- By: Jamie Golombek
- April 14, 2014 November 10, 2019
- 05:00
Relief for T1135 reporting doesn’t go far enough
Although concerted lobbying effort led to a temporary reprieve for T1135 reporting in the 2013 taxation year, a more permanent solution is required
- By: Jamie Golombek
- March 17, 2014 November 10, 2019
- 05:00