Mark Your Calendar: Critical Deadlines for May and June
Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:CPP Legislation Is Introduced
A Notice of Ways and Means Motion to Amend the Income Tax Act was introduced to enact changes to the Canada Pension Plan on October 6, 2016.
CPP Revisions a Good Reason to Learn Professional Tax Efficient Retirement Income Planning
There are lots of changes coming to retirement income planning, together with a whole new focus on how much is enough. . . a question being asked by all generations in the family. That’s why retirement planning is really about multi-generational planning.
Peer-to-Peer Learning is a Most Effective Way to Excel
There are so many tax planning changes being introduced for 2016 – 2017 that tax, bookkeeping or financial services professionals may have trouble keeping up with answers to their clients’ complex questions this year.
Life Purpose
Post-Thanksgiving reminder: "To keep the body in good health is a duty, otherwise we shall not be able to keep our mind strong and clear." Buddha
Year-End Tax Tip: Donations
Charities count on our support at year end. Not only is donating to a worthy cause the right thing to do, but digging deep to help others also makes good sense from a year-end tax planning point of view, especially for young, high-income earners.
Tax Reporting Change Will Affect All Homeowners
The Distinguished Advisor Workshops soon to be running across Canada will discuss a major change in reporting or principal residence dispositions that will affect Canadians and the tax preparation broadly: all principal residence dispositions must be reported on the tax return starting in 2016.
