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To be competitive, Canada must address payroll barriers to remote work

Simplified tax reporting was one solution floated in a report by PwC

Idea

A little-known TFSA tip for year-end tax planning

This strategy can work well for wealthy clients with large TFSA balances

Online banking businessman using smartphone with credit card Fintech and Blockchain concept

A primer on tax and cryptocurrencies in Canada

Whether earnings from crypto are considered business income or a capital gain depends on the holder’s behaviour

Help your client with tax-efficient charitable giving

Use these tips to make the most of a donation tax credit

father and son conversation

Affluent Canadians want to help both their children and the world, research finds

Parents are helping children buy houses and start businesses

Megaphone

TFSA limit for 2022 released

Find out how much clients can contribute

Parliament buildings in winter

Tax moves to watch as Parliament returns

Jamie Golombek breaks down the government's priorities

RBC partners with estate planning platform to offer online wills

The collaboration provides clients who need basic estate planning an affordable, online option

  • By: Staff
  • November 16, 2021 November 16, 2021
  • 12:31

More Canadians are looking to pass on inheritance early, study finds

Some want to see loved ones enjoy their inheritance, while others are motivated by financial need

  • By: Staff
  • November 16, 2021 November 16, 2021
  • 12:13
Disabled woman with crutches or walking stick or knee support standing in back side,half body.

B.C. court grants injunction on incoming DTC advisor fee-cap rules

Feds' $100 cap on fees for helping clients apply for the DTC was set to become effective Nov. 15

U.S.-based funds set to pay out big year-end distributions: Morningstar

Report suggests investors consider delaying purchases until after distributions are made

vintage porcelain doll

Collectibles present unique challenge for executors

From sports memorabilia to vintage cars, treasured items require special attention

family cottage

How to avoid succession battles with the family cottage

Keeping it in the family and maintaining harmony

Tax-efficient drawdowns of RESPs

Help this client and her daughter maximize their savings account

CPP maximum pensionable earnings for 2022 announced

The CRA also updated the RRSP dollar limit

  • By: Staff
  • November 1, 2021 November 1, 2021
  • 14:48

What’s in and what’s out, as Biden offers scaled-back plan

President Joe Biden outlined Thursday a US$1.75-trillion framework

Ontario overhauls probate application process

Experts divided over whether streamlined application forms will make applying easier

How much should an executor be paid?

If a will doesn’t address compensation, then provincial statutes, case law or set guidelines govern how much an executor can receive

Help your client avoid losing GRE status

Contributions and loans to a graduated rate estate can have tax consequences