Make sure to discuss tax-loss selling, tax-gain donating and RRSP strategies with clients to whom these strategies apply
CIBC report offers strategies for advisors and business owners
There are several tax-planning strategies that you and your clients should consider - from crystallizing capital gains and losses to maximizing charitable donations and TFSAs - as the end of 2018 approaches
Although two CRA officials gave more information on certain rules at this year’s STEP conference, a tax expert expressed frustration with the draft legislation
The most important consideration in this process is whether a client can use his or her foreign tax credits against other income in the year of transfer
Clients need to be aware of how the CRA’s treatment of income infrom foreign securities affects their investments
How the CRA will apply the new rules remains unclear
The choice between saving or reducing debt has become an increasingly important decision
Tax changes this year impact students, parents, caregivers and more
It’s important to be aware that the new rule limiting access to the small business deduction for CCPCs in 2019 is based on 2018 income