Fall Federal Budget: Will Spending Be Cut?
Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?Connecting The Dots Isn’t Child’s Play - Elements of Real Wealth Management
There are many unique opportunities to serve clients in the tax and financial services today. More than ever, clients expect to receive advice that is relevant both for today’s environment and for the long-term.
Tax Deadline Approaching… With a Twist
Have you filed yet? You have a bit of breathing room thanks to a CRA error.
Beer in Ontario Grocery Stores: But it will cost more
The Ontario provincial budget was presented on April 23 and although it contains no new personal or corporate taxes and only a few changes to beer drinkers, corporate credits and drivers might be particularly interested in this document.
Business Digests Provincial Budget in NS
The 2015 Nova Scotia provincial budget was tabled on April 9, 2015, to significant controversy from the film industry in that province and with negative implications for retiring business owners.
RRIF Withdrawal Strategies After April 2015 Budget
The April 21 Federal Budget adjusted the minimum RRIF withdrawal rates Canadians must apply to their taxable incomes in their retirement years.
Professional Fees Can Be Scary… But Deductible
Most people hate paying taxes but not far behind is their dislike of paying for tax and other professional financial services. However, value propositions for clients can be increased when they understand how professional fees are being claimed to their advantage on their tax returns.
