This Month’s Poll
Should the Old Age Security clawback start at a lower net income than the current $93,454?Thanksgiving: Time to Initiate a Donation Strategy
As we pause to give thanks for all we have this Thanksgiving; our thoughts turn to how we can give back to our community. Due to the pandemic, many charities are experiencing a spike in demand for their services, and your favourite charity can use the help even more this year than in other years.
A New Financial Conversation: Personal Health Risk Management
The pandemic has brought a grim reality to personal financial planning: long term care is fraught with personal health risks. Canadians are worried about the care they will receive as they age, and it’s an issue that tax and financial advisors can help with proactively as part of purposeful year end tax planning. There are three issues to consider.
Nov. 18: Planning for Owner-Managers of Private Corporations
Do you need to know more about corporate taxes and year end planning for corporate owner-managers? Many personal tax practitioners and financial advisors struggle with understanding the rules for setting up small business corporations, investing within them, and withdrawing funds most tax efficiently. Now, you can have confident knowledge after one day: November 18 at the Virtual CE Summit.
Graduates: RSVP for the Virtual Graduation Ceremony, October 30 at DAC
Calling all graduates! If you graduated from a Knowledge Bureau Designation, Diploma or Certificate Course after July 1, 2019, we’re inviting you to attend your Virtual Graduation Ceremony at 9:00 AM CST on October 30. Be sure to RSVP now. It’s free to attend, and we look forward to honouring your tremendous educational achievements this year.
DAC Attendees: Share Your DAC-in-a-Box Reveal
Get in on the secret and see what’s in the DAC-in-a-Box! The first kits have shipped out, and we’re encouraging all attendees to make their big reveal in the Whova event app. Show us what you’re most excited about receiving by sharing a photo; it might just enter you to win a special prize! But shhh…. Let’s keep the secret between us in Whova. Not registered yet? Share in the fun: enrol by October 15. Here’s a sneak peek:
Taxpayer Right Tips: Relief & Fairness Provisions
During these tough financial times, when loan deferrals end and taxes are due, many more Canadians will face financial hardship. That makes the last quarter of the year an important one for proactive client conversations. What can tax and financial advisors do? If the issue is a disputed tax reassessment an important tool is to use the Taxpayer Relief Provisions.
