Advisors can help parents maximize tax savings
As Canadians work to improve their finances, they’re seeking tax advice
Other Budget 2009 measures receive Royal Assent
Renovators choose cash and savings over credit to pay for projects
Although the HRTC has received the most publicity, amendments to RRSP and RRIF rules are also important
Provinces across the country have introduced a range of tax breaks aimed at easing hard times
Changes will impact 2.4 million low- and middle-income families with children
Majority of Canadians plan to claim the credit but remain unclear on rules
Ninety-four per cent of Canadian homeowners who are planning to do renovations between April 2009 and February 2010 will use the Home Renovation Tax Credit (HRTC), according to survey results released Wednesday by residential mortgage company ResMor Trust Co.The HRTC was introduced by the Federal Government earlier this year.According to the survey, 39% of respondends […]
Engaging in philanthropy can have significant advantages for individuals and businesses alike, and financial advisors should ensure their clients are aware of the perks, experts said at a philanthropy conference in Oakville, Ont. on Thursday.In particular, there are some significant tax advantages to charitable giving, and advisors who don’t alert clients to the potential credits […]