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:A Wealth of Tax Information at Your Fingertips
Get the answers you need with just a few clicks – definitions, tax facts, examples, tips and traps, plus interview checklists and questions to ask your clients – with EverGreen Explanatory Notes.
Most Agree: Retirement Planning Should Begin Early
Hindsight is always 20/20 and sneaking that crystal ball glimpse into the future is next to impossible. For many of our KBR readers, if they only knew then what they know now, they would agree that retirement planning should start early in life.
Bill C-60 Passes March 21, 2013 Federal Budget into Law
Bill C-60 passed into law on June 26, 2013. This contained the tax provisions in the March 21, 2013 federal budget. Knowledge Bureau has been busy updating its tax courses in the DFA-Tax Services Specialist program to incorporate the changes. A second summer school session begins August 6. Be sure to register before July 31.
Foreign Property? New CRA Form Required in 2013
Income from both domestic and foreign sources must reported on the Canadian tax return by residents of Canada. Starting with the 2013 taxation year, the CRA will require Canadians holding foreign property with a cost of over $100,000 to file out a new, enhanced Foreign Income Verification Statement (Form T1135).
Caregiving? Real Wealth Managers Can Help Minimize the Financial Impact
Planning for caregivers of the sick and the disabled is an important role for Real Wealth Managers™ who are well connected to their clients. Often the biggest concern for caregivers is the maintenance of income sources while they give care to their sick loved ones.
Loonie Drops to 95 Cents…Wealth Advisors Needed
How will the continued weakening of the Canadian Dollar affect personal and family net worth? It’s an important question, especially for families who have recently purchased US property and are forced to pay soft costs with a diminishing currency. Planning is required.
