Tax News

Ecological gifts provide tax breaks Fallback Image Decorative pattern

Tax News

Ecological gifts provide tax breaks

Habitat loss and degradation are the greatest threats to biodiversity in Canada today. Thanks to Environment Canada’s Ecological Gifts Program, with its unique tax advantages, more Canadians can leave a legacy for tomorrow and receive a tax break today.

By Natasha van Bentum |April 7, 2014

2 min read

When a client might cut off an adult child Fallback Image Decorative pattern

Estate Planning

When a client might cut off an adult child

You have a new client and learn he has a 32-year-old son who still lives at home. The couple has two other adult children who work full-time and are independent, but their eldest refuses to work. Your client provides a monthly allowance and pays his bills, including auto insurance. Since your client is approaching retirement, you’re worried this arrangement will jeopardize his finances.

April 4, 2014

3 min read

Avoid the (new) Kiddie Tax Fallback Image Decorative pattern

Tax News

Avoid the (new) Kiddie Tax

Budget 2014 expanded the Kiddie Tax, making it more challenging to split business income with minor children. The new rules apply to the 2014 taxation year onward.

By Stella Gasparro |April 4, 2014

3 min read

Unwind an over-concentrated portfolio Fallback Image Decorative pattern

Market Insights

Unwind an over-concentrated portfolio

What happens when clients own too much of one thing.

By Evelyn Juan |April 4, 2014

6 min read