We look at key aspects of the superficial loss rule and identify a common pitfall for clients in employee share purchase plans.
In response to recent market volatility, some investors are considering tax-loss selling. Make sure they heed these two rules.
Donating to charity can be rewarding, both personally and financially.
As Canada’s baby boomers settle into retirement, many are being caught off guard by their complex financial situations
When an RRSP annuitant dies, it’s often possible to roll over the RRSP to a beneficiary on a tax-deferred basis.
When working with business owners, advisors should be aware of the different tax-planning concerns stemming from employer-employee and payer-independent contractor relationships. Each has pros and cons.
This year’s federal budget proposed changes aimed at bolstering business-owner tax compliance by eliminating a perceived loophole in GST/HST legislation.
Owners of private companies are often unaware of the potential for double taxation on death. The following case study will demonstrate how critical careful estate planning is for avoiding this punitive outcome.
The government wants more small businesses. So it’s reduced taxes on business income and made some business-related expenses deductible.
What’s the tax impact of DSC fees? The charges may apply to both registered and non-registered investments, but if clients want to withdraw from RRSPs, RRIFs and TFSAs, they should know the tax implications of DSCs.