Tax

Alternatives to testamentary trusts Fallback Image Decorative pattern

Estate Planning

Alternatives to testamentary trusts

Big changes to CRA’s rules for testamentary trusts take effect in 2016.

By Frank Di Pietro |July 14, 2014

5 min read

Help clients track income sources Fallback Image Decorative pattern

Industry

Help clients track income sources

When clients are paid in cash for completing jobs or projects, remind them to record and keep track of those payments. People may need to do this if they run a renovation or construction company, for example, or if they run a small side business in their spare time. Recording all income sources throughout the […]

By Staff |July 7, 2014

1 min read

Several Swiss banks may freeze U.S. accounts Fallback Image Decorative pattern

Industry

Several Swiss banks may freeze U.S. accounts

Since 2009, Swiss banks have been under the microscope of U.S. regulators.

By Staff |July 7, 2014

1 min read

How the Clintons use trusts to cut tax Fallback Image Decorative pattern

Estate Planning

How the Clintons use trusts to cut tax

Publicly, Bill and Hillary Clinton have championed an estate tax, notes Bloomberg, on the grounds that it would help keep the country from being controlled by wealthy families. “That doesn’t mean they want to pay it,” notes the report.

By Staff |June 20, 2014

1 min read