You don’t have to be ‘rich’ to have a will
The TaxLetter •2021-01-21 •
If you have a family and assets, you need an estate plan and a will. And, says WealthInsurance.com CEO Mark Halpern, you need to review it at least every five Read More
The TaxLetter •2021-01-21 •
If you have a family and assets, you need an estate plan and a will. And, says WealthInsurance.com CEO Mark Halpern, you need to review it at least every five Read More
The TaxLetter •2020-12-29 •
Your cottage is a special place for the family. Mark Halpern of WEALTHinsurance.com explains the financial implications of dealing with a cottage for future generations.
Many Canadians who own a family Read More
Money Reporter •2020-12-16 •
Limited partnerships and trusts offer tax advantages and return of capital is one of those advantages.
The return of capital portion of a partnership or income trust distribution can be made Read More
The TaxLetter •2020-12-08 •
Gift-giving season prompts Mark Goodfield (aka The Blunt Bean Counter) to look at some tax and other considerations regarding gifts to grandchildren.
Many grandparents ask me about the tax and practical Read More
The Investment Reporter •2020-11-22 •
Gift-giving season is nigh. But the tax department’s attribution rules complicate the matter of giving securities to your children and grandchildren.
Always keep things in perspective when you tax plan. Once Read More
The TaxLetter •2020-11-17 •
Your cottage is a special place for the family. Mark Halpern of WEALTHinsurance.com explains the financial implications of dealing with a cottage for future generations.
Many Canadians who own a family Read More
The TaxLetter •2020-07-05 •
CPA Mark Goodfield (aka The Blunt Bean Counter), says COVID-19 made many owners aware of the impact a ‘black swan’ event can have on the value of their businesses.
Not to Read More
Money Reporter •2020-05-03 •
How do split shares work? It’s not exactly like having your cake and eating it too. You do give up something to double your dividends or double your capital gain.
Split Read More
Investor's Digest of Canada •2020-03-19 •
Long lives demand a financial ‘defence’ plan. Trust and Estate Practitioner Mark Halpern looks at the costs of living long and shepherding money you’ll never spend.
People who are very successful Read More
The Investment Reporter •2020-03-11 •
The tax department’s attribution rules complicate the matter of giving securities to your children and grandchildren.
Keep things in perspective when you tax plan. Once you start agonizing over every dollar Read More
Investor's Digest of Canada •2020-02-23 •
Long lives demand a financial ‘defence’ plan. Trust and Estate Practitioner Mark Halpern looks at the costs of living long and shepherding money you’ll never spend.
People who are very successful Read More
The TaxLetter •2020-01-26 •
If you have a family and assets, you need an estate plan and a will. And, says WealthInsurance.com CEO Mark Halpern, you need to review it at least every five Read More
The Investment Reporter •2020-01-08 •
DRIPs (Dividend Re-Investment Plans) and cash option plans let individual investors build their wealth. That’s thanks to the dozen advantages that we outline below.
Studies show that dividend reinvestment is crucial Read More
The Investment Reporter •2019-12-12 •
Goodwill—positive thoughts and acts of generosity—may be the genesis of the accounting term for paying too much. But comes year-end and the debate about ‘writing off’ goodwill.
The validity of some Read More
The MoneyLetter •2019-12-11 •
5iResearch analyst Moez Mahraz stresses any benefit from tax-loss selling is of secondary importance to the long-term benefit of investing in quality stocks in the first place.
As we approach the Read More
The TaxLetter •2019-11-24 •
Toronto-based tax lawyer Samantha Prasad LL.B. suggests ways that both employees and business owners can ensure their 2019 taxes are kept to a minimum.
The end of the year is in Read More
The Investment Reporter •2019-11-17 •
We advise you to use some contributions to a TFSA (Tax-Free Savings Account) to build an emergency fund. Then use the remaining TFSA money to invest in potentially very lucrative Read More
The TaxLetter •2019-11-03 •
Registered Education Savings Plans were first introduced in 1974. The program encourages Canadians to save more towards the post-secondary education of their children.
By Mark Halpern, CFP, TEP
It’s that time of Read More
The TaxLetter •2019-09-22 •
Toronto tax lawyer Samantha Prasad warns that all is not fair in love and taxes. The CRA may not have the same misty-eyed view of sharing as you and your Read More
Investor's Digest of Canada •2019-09-08 •
Will the tranquility of your family cottage dissipate when planning for, and financing, succession of ownership? Trust and estate planner Mark Halpern offers some solutions.
Many Investor’s Digest readers are fortunate Read More
The TaxLetter •2019-09-01 •
In the market for a cottage as a second home? Then now is the time for proper tax planning, muses Toronto tax lawyer Samantha Prasad from her vacation home on Read More
Investor's Digest of Canada •2019-08-22 •
Mark Halpern, CEO of WEALTHinsurance.com®, offers several ways to reduce your taxes and accumulate much more for your retirement.
Paying attention to your RRSPs and TFSAs all year-round pays off. The Read More
Investor's Digest of Canada •2019-08-06 •
Will the tranquility of your family cottage dissipate when planning for, and financing, succession of ownership? Trust and estate planner Mark Halpern offers some solutions.
Many Investor’s Digest readers are fortunate Read More
Investor's Digest of Canada •2019-07-22 •
Mark Halpern, CEO of WEALTHinsurance.com®, offers several ways to reduce your taxes and accumulate much more for your retirement.
Paying attention to your RRSPs and TFSAs all year-round pays off. The Read More
The TaxLetter •2019-07-21 •
Toronto tax lawyer Samantha Prasad warns that all is not fair in love and taxes. The CRA may not have the same misty-eyed view of sharing as you and your Read More
The Investment Reporter •2019-07-18 •
DRIPs (Dividend Re-Investment Plans) and cash option plans let individual investors build their wealth. That’s thanks to these dozen advantages.
Studies show that dividend reinvestment is essential in building wealth. So Read More
The TaxLetter •2019-06-30 •
Why can’t you have your cake and eat it too? Tax lawyer Samantha Prasad offers suggestions for conservative, cash-conscious investors to minimize the tax-man’s slice.
For those conservative investors out there, Read More
Investor's Digest of Canada •2019-06-10 •
The grim reaper is not going to hang around and wait for you to get organized. He works on his own schedule. Trust and Estate Practitioner Mark Halpern has both Read More
The TaxLetter •2019-06-09 •
Wayfair’s ‘ear worm’ struck a chord with tax collectors across the USA who expect e-commerce vendors to collect and remit state sales taxes. Do you sell into the USA by Read More
The TaxLetter •2019-04-28 •
Tax lawyer Samantha Prasad says: Be firm in your facts and courteous in your deportment. Both go a long way in resolving disputes with the Canada Revenue Agency.
Let me assume Read More
Investor's Digest of Canada •2019-04-14 •
The grim reaper is not going to hang around and wait for you to get organized. He works on his own schedule. Trust and Estate Practitioner Mark Halpern has both Read More
The TaxLetter •2019-04-07 •
You receive passive income through ventures that require little daily effort on your part and business activities in which you do not materially participate during the year. Mark Halpern, CFP, Read More
The TaxLetter •2019-03-17 •
Accountant Mark Goodfield, aka The Blunt Bean Counter,
Many couples trade independently and even if they trade together, one spouse may have realized capital gains while the other spouse has unrealized Read More
Money Reporter •2019-02-26 •
2018 was a poor year for most Canadian stock funds and you may have received some shocking tax reporting slips this month. But now, it’s too late to do anything Read More
The TaxLetter •2019-02-24 •
You receive passive income through ventures that require little daily effort on your part and business activities in which you do not materially participate during the year. Mark Halpern, CFP, Read More
The TaxLetter •2019-02-03 •
Accountant, income tax and wealth management adviser Mark Goodfield (aka The Blunt Bean Counter) walks us through the process of planning for and using capital losses to offset capital gains Read More
The Investment Reporter •2019-01-27 •
If you’ve got a case of the January credit card blues, you should first use your cash flow to repay high-interest debt. As high-interest debt melts away, you’ll have more Read More
The TaxLetter •2019-01-13 •
Trusts are a great family estate-planning vehicle. However, in 2018, the federal government announced new measures that relate to the tax-reporting requirements for trusts. Tax lawyer and regular TaxLetter columnist Read More
The TaxLetter •2019-01-01 •
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
The TaxLetter •2018-12-23 •
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
Money Reporter •2018-12-04 •
We’re approaching that time of year when many mutual funds distribute the capital gains they’ve realized throughout the year to their unit holders. This event should serve as a reminder Read More
The TaxLetter •2018-12-02 •
When it comes to getting married, there is always a honeymoon period. But we know from experience that difficulties arise in life. To get the financial peace of mind you Read More
The Investment Reporter •2018-11-14 •
It’s best to contribute as much as you can to both your RRSP and your TFSA. But that’s hard to do. The Investment Reporter outlines two strategies to assist you Read More
The TaxLetter •2018-11-11 •
You already know the importance of defence against too much taxation. But most people are heavily focused on offence while building their business, real estate and investment portfolios. Mark Halpern, Read More
The TaxLetter •2018-10-21 •
Now is a good time to consider the various ways you might be able to minimize your 2018 taxes—before the onslaught of the holiday season becomes uppermost on your mind. Read More
The TaxLetter •2018-09-30 •
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
The TaxLetter •2018-08-19 •
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
The TaxLetter •2018-07-29 •
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
Investor's Digest of Canada •2018-07-15 •
Investor’s Digest of Canada columnist Mark Halpern, CEO of WEALTHinsurance.com®, answers the seven most-frequently asked questions about retirement problems. He offers cost-efficient and tax-efficient solutions that will safeguard your finances Read More
The TaxLetter •2018-07-08 •
Accountant Mark Goodfield, aka The Blunt Bean Counter, warned The TaxLetter readers in April about new reporting rules regarding the sale of a principal residence. Simply put, if you sold Read More
The TaxLetter •2018-06-17 •
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
Investor's Digest of Canada •2018-06-12 •
Investor’s Digest of Canada columnist Mark Halpern, CEO of WEALTHinsurance.com®, answers the seven most-frequently asked questions about retirement problems. He offers cost-efficient and tax-efficient solutions that will safeguard your finances Read More