This Month’s Poll
Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?Advisors: Earn Meaningful CE with Tax Strategies for Financial Advisors
Develop a strategic and tax-efficient investment income plan with your clients that will increase returns. Now qualifies for 30 FPSC CE credits. Enrol before July 15 and save $200...we'll even pay the sales tax! Call 1-866-953-4769.
Expert Panel: The Advisor’s Opportunity with Money Savvy Kids
Affluenza is a problem! What challenges do advisors face in building wealth for the children of their clients, especially in the case of high net worth clients?
Get Quick Answers on RRSP Contributions
The RRSP is the most versatile vehicle available for tax planning for most Canadians although it is often poorly utilized. The RRSP Savings Calculator provides quick answers about the potential tax savings that can be obtained through an RRSP contribution as well as the consequences of borrowing to make that contribution.
Advisor Penalties Not Criminal in Nature Says Federal Court of Appeal
On June 12, 2013, the Federal Court of Appeal released its decision in Canada v. Guindon (2013 FCA 153). The issue to be determined was whether advisor penalties levied under Section 163.2 of the Income Tax Act (the “Act”) created an “offence” within the purview of Section 11 of the Canadian Charter of Rights and Freedoms (the “Charter”).
Financial Literacy Leader Apply Here
On June 20, the Honourable Ted Menzies, Minister of State, Finance, announced that the selection process for the first Financial Literacy Leader of Canada was officially underway.
Tax Relief for Alberta Flood Victims
On June 22, the Canada Revenue Agency (CRA) announced that taxpayers who have been affected by the recent flooding in the Calgary area would have access to the taxpayer relief provisions, if they were unable to meet their tax obligations on time.
