Mark Your Calendar: Critical Deadlines for May and June
Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:Average Tax Refund Increases in 2013
CRA answered close to 3 million calls this past tax filing season, and 20 million—or over 76% of tax filers—filed electronically this year, an increase of 17% over last year.
Solutions to Cottage Tax Problems
One of the most difficult asset transitions can involve the family cottage. In this second of a two-part article in family cottage planning, Knowledge Bureau author David Christianson discusses potential solutions to this sticky issue.
Tax Refunds Take Big Bite Out of Retirement Savings
This year’s average tax refund of $1641 takes a big bite out of retirement savings for Canadian families.
Government Grants for Disability Saving Plans Can be Very Lucrative
The Canada Disability Savings Grant can add significantly to the pensions set up for disabled individuals through the Registered Disability Savings Plan (RDSP).
When am I Considered to Have Left Canada for Tax Purposes?
This excerpt from Evelyn Jacks’ Jacks on Tax outlines the different categories of residency and provides an answer.
Planning for Crisis Situations: Illness, Family Strife, and Breakups
If you own a family business, you will undoubtedly experience several people-related crises that may plague the business during its life cycle. Family conflict, divorce, illness, and premature death all represent potential threats. Excerpted from Master Your Investment in the Family Business are some tips and traps you should avoid in crisis situations.
