June 30 Tax Deadline is Looming for Non-Residents
An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:Aboriginal Peoples: Tax Filing Considerations
Canada has 1,673,785 aboriginal people, representing 4.9 percent of the population. According to our census, this population has grown 42.5 percent in the period 2006-16 and the average age of the aboriginal people, at 32.1 years, is close to a decade younger than the rest of Canada. There are unique tax filing concerns for these Canadians, requiring specialized knowledge.
Millennials and Meaningful Work: What’s Missing is the Money
According to a study by the Environics Institute, less than half of Canadian Millennials have enough money to live the kind of life they desire. While they are focused on finding meaningful work that will offer them balance, flexibility and the opportunity to give back - what’s missing is the money. However, the financial services may provide a solution.
CE Summits: Don’t Miss the Advanced Canadian and US Budget Updates
Tax reform is all the rage in Canada and the US. With the next Federal budget around the corner, mark your calendar now to join top experts in Canada-US reforms during our Spring CE Summits. The knowledge value proposition is incomparable for advisors working with high net worth clients and those with family members or properties abroad.
Employee Stock Options: Five Tax Tips You Need to Know
Within today’s rapidly emerging new economy, many employers are enticing new talent with employee stock option plans: the opportunity to purchase shares in their corporations at some future date, at today’s lower price. But there are tax consequences. What do employees need to know?
Tax History: The Middle Class and Their Taxes
It’s a new tax year and 2018 marks the 101st anniversary of the first income taxes in Canada. Back in the early fall of 1917, Canada’s “War Income Tax” was introduced, and there are still many who think, wrongly, that income taxes in Canada are a temporary measure. But has much changed since 1917? The answer is yes!
Debt Management Series: What Is Revolving Credit?
An integral part of debt management is ensuring that your clients understand how various forms of credit work, including revolving credit. Advisors, we’ve prepared this resource to share with your clients.
