Author: The TaxLetter

The TaxLetter

The TaxLetter, published every month, shows Canadian investors the ins and outs of personal and small business tax planning.

The TaxLetter keeps subscribers up to date on Canada’s constantly changing tax laws and points out simple ways to cut taxes. With this unique publication, investors learn how to increase after-tax returns by using government regulations to maximum effect.

The TaxLetter is put together by a team of leading tax experts. These experts have served as tax advisers to some of Canada’s largest corporations and wealthiest investors. Through them, The TaxLetter draws on a wide network of tax professionals in order to offer Canadian investors the best in-depth expertise on specific ways to save including tax-saving investment strategies.

Article Index

You sold your business. Now what?

You have gone through a major change—you’ve sold the business that took up a huge part of your life. Just as you made careful decisions while building, growing and then   Read More

Forming a discretionary family trust

Family trusts are becoming increasingly common and are now the norm for many families—even those without yachts! Tax lawyer Samantha Prasad, a contributing editor to The TaxLetter, describes how a   Read More

Saving for retirement in Canada

RRSPs, RRIFs, TFSAs, PPPs, critical illness insurance, long-term care insurance, high-limit disability insurance, life insurance, joint-and-last-to-die insurance, charitable donations at death—no wonder we get so tired as we get older!   Read More

Common investment mistakes

Accountant Mark Goodfield (aka The Blunt Bean Counter) recently warned subscribers to The TaxLetter of some costly common investment mistakes and how to avoid them.
The duplication of investments is one   Read More

How to create a lasting charitable legacy

Contributing TaxLetter columnist Mark Halpern, CFP, TEP, spends a lot of time with generous and fortunate people who will have accumulated a lot of money by the time they die.   Read More

How to borrow money from your RRSP

Even better than borrowing from the bank of mom and dad is borrowing from yourself—or at least borrowing from your RRSP. Just remember that the taxman is probably not as   Read More

Top 10 estate planning tips

The TaxLetter contributing editor Mark Halpern recalls Martin Luther King’s sagacious advice: “If we are to go forward, we must go back.” When it comes to planning your financial future,   Read More

Tax on split income (TOSI) rules

A new version of draft legislation related to the tax on split income (TOSI) rules was introduced on Dec. 13, 2017, theoretically in effect as of Jan. 1, 2018. We   Read More

Tax efficiency is a great investment strategy

Pondering taxes can be a headache-inducing exercise so we hope not to compound the after effects of anyone’s riotous holiday partying. In any event, TaxLetter columnist Mark Goodfield (aka The   Read More

Charitable giving and tax savings

It’s that time of year when many of us are thinking of both gift giving and tax planning opportunities. Contributing editor to The TaxLetter, Mark Halpern, CFP, TEP, is a   Read More

Tax planning your will

The TaxLetter contributing editor Samantha Prasad, LL.B, offers a number of ideas to help you minimize the tax impact on your will so you can leave as much of your   Read More

The duties of being an estate executor

At some point you may have been asked if you’re agreeable to being named an executor of an estate. You may have forgotten all about it until a long-lost cousin   Read More

Tax rule changes make for ‘Cruel Summer’

“It’s a cruel, (cruel), cruel summer/Leaving me here on my own/It’s a cruel, (it’s a cruel), cruel summer/Now you’re gone”. British pop artists Bananarama weren’t singing about Canadians’ 2017 proposed   Read More

Financial planning for common law couples

According to, 67 per cent of Canadian weddings occur between June and September. They offer no statistics for common-law or non-traditional unions but financial, trust and estate planner Mark   Read More