In this special feature: Reporting rules for foreign property; helping your clients manage capital gains and losses; getting more from RESPs; claiming medical expenses; and much more from the Mid-October 2014 issue of Investment Executive.
October 14, 2014T1135 is more than just a form. The new rules for reporting more details about foreign property are inconvenient, but must be taken seriously
A registered education savings plan is a great way to save for a child's post-secondary education. However, you should take advantage of the Canada education savings grant in order to get the full benefit of an extra $7,200 in savings
Three taxpayers recently found out that, whether or not they made mistakes on a technical rule, tried to game the system or got caught up in a bogus scheme, they can't get out of paying the Canada Revenue Agency its due
Now that the IRS has new powers to track taxpayers who live outside their country, it is especially important to track changes in the U.S. tax code that relate to these taxpayers. This can include both more tax relief and additional burdens
The federal government is curbing the use of testamentary trusts as tax-saving vehicles for affluent families. However, there still are many uses for these trusts. At the same time, inter vivos trusts are gaining in popularity as an alternative
There are various federal tax credits and deductions available for clients who are raising families
The tax treatment of a settlement involving investment losses depends on whether the payment replaces ordinary income, covers personal injury or is considered a windfall
Although half of the provinces in Canada made no changes to their taxation regimes, the other half took a different approach by either increasing or reducing taxes in some notable areas
After the U.S. started an aggressive campaign to corner its offshore tax cheats, many other nations followed suit. Now, there are fewer and fewer safe places for tax evaders to hide
The list of costs your clients can claim can change from year to year - and vary among provinces. Clients who test the limits with extravagant claims for expenses such as travel and accommodation can expect a challenge from the CRA
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
We dive into the intricacies of ETFs and investigate how the market is responding to recent trends.
The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of…
