Helping First Nations, Inuit and Metis with Tax Filing
The Canada Revenue Agency is trying to reach out to Canada’s First Nations, Inuit and Metis to encourage them to file their tax forms on time and could use your help to make sure these communities get all the tax benefits they are entitled to. But filing tax returns are not always easy, especially when there is income on and off the reserve.Making National Seniors Day Count
October 1 is National Seniors Day and tax and financial advisors can help in a significant way by inviting seniors to their offices to review specific provisions they may be missing on their tax returns, like the Disability Amount.
Stop Contributing to CPP?
For employees between the ages of 65 and 70 years old, the decision of whether to continue to contribute to CPP and thereby increase their CPP benefits, or to instead opt out and retain the annual premium needs to be made.
Canada’s Performance After the Financial Crisis
"Despite the fact that Canada didn’t have a 'homegrown' financial crisis, economic recovery has been painful," said Timothy Lane, Deputy Governor of the Bank of Canada last month at Carleton University. That pain may remain with us for some time yet.
80% Say “Don’t Overtax Seniors”
A Knowledge Bureau opinion poll on wealth and wealth inequality has touched a nerve.
Evelyn Jacks: Family Lifecycle Planning Leads to Tax Savings
Birth, marriage, death, separation or divorce, university entrance, sale of business, unemployment, illness, career change, self-employment, inheritances, even certain birthdays — all of these life events can have tax consequences.
Tips In Starting a Succession Strategy
Family business succession is the topic at the November Distinguished Advisor Workshop – and it’s an important one – as by the end of this decade it is estimated that over 350,000 business owners will be over the age of 55, and within ten years over half a million business owners will exit their businesses, according to a report in 2013 by CIBC World Markets.
