Essential Tax Tips for Snowbirds

Posted in: Strategic Thinking, snowbirds, cross border taxation, CE summits, Dean Smith, Canadians abroad, U.S. tax, Cadesky Tax, U.S. residency, substantial pretense test, closer connection argument
Many Canadian snowbirds have already headed south for the winter, and recent retirees making this a part of their lifestyle for the first time should be diligent in understanding the tax rules that affect them before year-end.

Immigration: Education Upgrades Provide Employment Opportunities

Posted in: Strategic Thinking, tax courses, Canadian economy, bookkeeping courses, immigration, employment for immigrants, diversity, newcomers to canada, immigrants, refugees, employment for refugees
The role advisors can play in helping new immigrants, and the importance of immigration and diversity in Canadian society, were central themes at DAC last week. Now, with a timely release, Statistics Canada has published new data on the important impact education has on immigration, pointing to valuable opportunities for new Canadians in the tax and financial services.

Gender Equality: Gaps Remain in Leadership

Posted in: Strategic Thinking, gender gap, gender equality, Canadian economy, women in business, Canadian business, entrepreneur, business development, leadership, diversity, equality, business management, gender parity
New data shows that tracking gender pay gaps is not a priority for Canadian businesses, despite government efforts to bring the issue to the forefront.

DAC:“The Best Quality CE Credits in Canada”!

Posted in: Strategic Thinking, DAC, tax services specialist, distinguished financial advisor, Puerto Vallarta, DFA, bookkeeping services specialist, DAC 2018, Graduates in the news, grads in the news, DAC 2019
The Distinguished Advisor Conference (DAC) was the best yet in its 15-year history, held in Quebec City last week. Not only were the educational sessions delivered by Canada’s top thought leaders in tax and wealth planning issues; the networking was outstanding. Check out our picture gallery (coming soon!) and this glimpse of comments from those who were there:

Death in the Family: Executors’ Obligations

By: Evelyn Jacks Posted in: Strategic Thinking, CRA, executor, Evelyn Jacks, tax filing, Death of a Taxpayer, final returns, rights and things returns, Tax Accounting on Death of a Taxpayer
Year-end can be a particularly difficult time for those who have lost a loved one during the year. But it’s important to see a tax specialist when someone in the family dies, to file any tax returns that may be outstanding on time, adjust prior-filed returns, and to claim specific tax benefits that can help to pay for end-of-life costs.

Eldercare: Adjusting for The High Cost of Financial Comfort

By : Beth Graddon & Evelyn Jacks Posted in: Strategic Thinking, income, wealth, Bank of canada, Essential Tax Facts, retirement planning, tax-efficient retirement planning, interest rate, median income in Canada, comfortable living, Stephen Poloz, Governor, Edward Jones
How much income do Canadians think they need annually to lead a comfortable life and how realistic is it? According to a poll by Edward Jones, it’s a figure that’s over $250,000—one that could grow as interest rates and the needs of the elderly continue to rise. It’s a topic that created a vibrant conversation at the Distinguished Advisor Conference which concluded yesterday in Quebec City.