2017 Federal Budget (PDF, 595 KB)
Jamie Golombek discusses how the 2017 federal budget may impact you.
Home Sweet Home (PDF, 565 KB)
Whether you’re looking to buy your first home, you’re already a homeowner or you sold your home during the year, here are some tax tips to keep in mind.
Many Happy Returns! Mining Your Tax Return for Extra Money This Spring (PDF, 630 KB)
Get the best value from your tax return by taking advantage of all the tax deductions and credits available to you. This report outlines some common items you may be able to claim, as well as some lesser-known government tax incentives that could put extra cash in your pocket.
The Great Divide: Income-splitting strategies may lower your family’s taxes (PDF, 85 KB)
Now is a great time to revisit some income-splitting strategies, both old and new.
Intaxication: Why getting a tax refund may be a sign of poor financial planning (PDF, 205 KB)
There are a number of ways to use your tax refund to your advantage or, even better, ensure that your tax refund next year is eliminated altogether and the taxes saved are used throughout the entire year to your benefit.
Tax tips for U.S. vacation property owners (PDF, 75 KB)
Jamie Golombek discusses Canadian and U.S. tax implications of owning U.S. vacation property.
Tax Treatment of Collectibles (PDF, 45 KB)
Tax tips for buying, selling and owning collectibles like artwork, stamps and antiques.
Doing it right the first time! Avoiding the most common tax return errors (PDF, 610 KB)
Timely tax return advice to help you avoid common, potentially costly errors when preparing your tax return.
Getting the Most Out of Your RRSP (PDF, 70 KB)
An RRSP is one of the best ways to save for retirement, providing both a tax deduction for contributions and allowing you to avoid paying tax on the accumulated investment income inside the plan.
The RRSP, the TFSA and the Mortgage (PDF, 215 KB)
Making the best choice for saving via an RRSP, TFSA or debt repayment
Bye-bye Bonus! (PDF, 650 KB)
Why small business owners should favour dividends over a bonus.
Blinded by the Refund (PDF, 895 KB)
Why TFSAs may beat RRSPs as better retirement savings vehicles for some Canadians.
Planning with RDSPs (PDF, 660 KB)
People with disabilities and their families have an important tool in their planning toolkit: The Registered Disability Savings Plan (RDSP).
Advanced planning with RDSPs (PDF, 705 KB)
A Registered Disability Savings Plan (RDSP) is an effective long-term savings vehicle that can be used to help provide for the financial security for eligible persons with disabilities.
Beware the big tax hit (PDF, 75 KB)
Beware the big tax hit that could be lurking in your house, if you decide to rent part of it out or have your office in it.
What happens when a TFSA holder dies? (PDF, 50 KB)
Despite the reams of advertising and promotion surrounding TFSAs, there is still some confusion about what happens when a TFSA holder dies.
When it makes sense to maximize RESPs over RRSPs (PDF, 70 KB)
An individual could come out ahead if they were to bypass their RRSP contribution for the time being in favour of maximizing contributions to their RESP, to start catching up on missed Canada Education Savings Grants (CESGs).
Horizons HXT ETF (PDF, 515 KB)
There are 2 main characteristics to consider when searching for tax-efficient investments: the nature of the return you’re getting (interest income, dividends or capital gains) and when you have to pay tax on it. The Horizons HXT ETF (HXT), which builds upon the characteristics that investors already love about ETFs (low cost, low tracking error and intraday liquidity), may provide an element of tax-efficiency.
Top tax tips for kids heading back to school (PDF, 245 KB)
As kids head back to college or university, why not share some tips with them so they can be sure they are taking full advantage of the tax system to maximize the cash in their jeans.
The best school supply? RESPs (PDF, 45 KB)
The best school supply is a well-funded education savings plan, ideally, in the form of a Registered Education Savings Plan.
Income tax consequences of making an asset joint with an adult child (PDF, 70 KB)
People often choose to make assets joint with their adult children for estate planning purposes in an attempt to avoid probate fees on death. In the haste to avoid a fee, there may be unintended income tax consequences.