Tax News

Tax problems with cross-border life insurance Fallback Image Decorative pattern

Life

Tax problems with cross-border life insurance

When Patricia was six, her parents’ Californian advisor suggested they buy basic whole life insurance for Patricia and her two siblings under the umbrella of one of their own policies. When she left for Harvard at 18, her parents transferred the policy to her name.

By Dean DiSpalatro |August 7, 2013

4 min read

Help wealthy clients adapt to Budget 2013 Fallback Image Decorative pattern

Tax News

Help wealthy clients adapt to Budget 2013

Several measures in this year’s federal budget may increase taxes for wealthy clients. Here are three areas to watch.

By Stella Gasparro |July 25, 2013

3 min read

How to deal with business losses Fallback Image Decorative pattern

Industry

How to deal with business losses

Business losses are different than capital losses.

By Jamie Golombek |July 17, 2013

3 min read

Up the risk in TFSAs Fallback Image Decorative pattern

Industry

Up the risk in TFSAs

Tax-savvy investors place securities that yield the highest-taxed income in TFSAs—for instance interest-bearing securities, like bonds.

By Stella Gasparro |July 17, 2013

3 min read