Tax News

Help last-minute contributors beat RRSP clock Fallback Image Decorative pattern

Industry

Help last-minute contributors beat RRSP clock

Nearly one-third of eligible Canadians (32%) still plan make an RRSP contribution for the 2012 tax year, says a new CIBC poll. And though they’re quickly running out time, more than half of these people say they’re going to put it off until the last 48 hours. Read: RRSPs are more than tax tools “Everyone’s […]

By Staff |February 25, 2013

2 min read

Help clients avoid tax surprises Fallback Image Decorative pattern

Tax News

Help clients avoid tax surprises

When wealthy clients discover their final tax liabilities for 2011, some may no doubt be surprised to find they owe Alternative Minimum Tax (AMT). Help clients avoid this shock.

By Stella Gasparro |February 25, 2013

2 min read

RRSP, TFSA, or debt repayment? Fallback Image Decorative pattern

Industry

RRSP, TFSA, or debt repayment?

The number one question Canadians are asking this RRSP season is whether to pay down debt before contributing to their long-term savings, says Jamie Golombek, CIBC's managing director of tax and estate planning.

By Staff |February 25, 2013

2 min read

5 common RRSP pitfalls Fallback Image Decorative pattern

Industry

5 common RRSP pitfalls

RRSPs benefit your clients, but they can also come with financial pitfalls.

By Staff |February 22, 2013

1 min read