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:

When the Federal Budget sequence changed to the Fall, it was also announced that the annual Fall Economic Statement would be moved to the spring.  So far a date has not yet been announced, but when it is, it will be covered at the May 27 CE Savvy Summit: Tax-Efficient Retirement, & Estate Planning, a live-virtual event designed for professional wealth advisors, tax professionals, accountants, and estate planners ready to expand their expertise on the effects of fiscal change on retirement and estate planning.  It’s a session you won’t want to miss if you are working with retirees in particular on their income and estate planning.  Here’s why that’s important:

As Canadians face longer life expectancies, rising taxes, and increased financial uncertainty, retirement planning is no longer a single-event exercise—it’s a multi-stage, multi-generational process. Advisors are now expected to help clients not only accumulate wealth, but also grow, preserve, and withdraw it tax-efficiently over time. The DMA™ – Retirement & Estate Planning Specialist Program addresses this need by equipping professionals with the technical knowledge and advisory skills required to guide clients through some of their most important financial decisions.  It’s a “next level” specialization you may wish to consider attaining.

Most Canadians think of April 30th as the tax filing deadline and for the typical Canadian that’s true. But you well know that there are multiple dates which are important when it comes to filing tax documents and various payment dates. But April is full of important dates to pass along to your clients – no fooling!

When you file tax returns on behalf of your clients, both you and they might assume that the information you submit to the Canada Revenue Agency will be protected. It is an unsafe assumption. 

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