The TaxLetter •2014-07-21 •
Mark Halpern, a Certified Financial Planner and Trust and Estate Practitioner, says that in his business he encounters many people who are well established and working hard with good jobs. Read More
The TaxLetter •2014-07-11 •
In the search for yield, investors have turned to such things as monthly income funds and income trusts, structured notes, and capital class units. But again, cash in your hand Read More
The Investment Reporter •2014-07-07 •
Some investors find that when they need a list of their securities to undertake some portfolio management or tax planning, they have to go on a safari of sorts, fumbling Read More
The TaxLetter •2014-07-03 •
For conservative investors, the urge to keep money in cash or the equivalent is hard to overcome, despite today’s low interest rates.
And yet, seeking safety in income-producing investments and cash Read More
The TaxLetter •2014-06-25 •
Save enough to pay your taxes, and a little more. If you’re self-employed or running a business, it’s important to stay in the black with the Canada Revenue Agency. But Read More
The TaxLetter •2014-06-17 •
Rental Income
If you own a second home in the U.S., chances are that you may be renting it out during the off-season to help offset costs (especially if the home Read More
The Investment Reporter •2014-06-11 •
High youth unemployment in Central and Atlantic Canada make student summer jobs harder to come by. That’s too bad, because students can benefit in many ways from summer jobs.
One high-school Read More
The TaxLetter •2014-06-09 •
This year’s cold and lengthy winter had me constantly daydreaming of beaches and warmer weather. I certainly envy those lucky ones who head south at the first sign of snow.
The Read More
The TaxLetter •2014-05-22 •
Dave and Sandra are in their 50s and have just inherited $150,000. They rent their home. Both are working and making ends meet, but they have very little saved for Read More
The TaxLetter •2014-05-14 •
Peace of mind is a hard thing to come by these days.
People’s lives are so busy with their businesses or jobs, their family, friends and squeezing time in for Read More
Money Reporter •2014-05-09 •
Announcing a REAL target for your retirement savings goals.
For a couple of issues of this newsletter advisory, I have been (more than) hinting at how the retirement/planning complex has been Read More
The TaxLetter •2014-05-06 •
Treaty Shopping
Following recent consultations, the Government is proposing a domestic law that would impact benefits derived from treaty shopping, which would be denied if it is reasonable to conclude that Read More
The TaxLetter •2014-04-28 •
Maximize your TFSA contribution in 2014
When the Government of Canada introduced Tax Free Savings Accounts effectively beginning in 2009, it set the contribution limit at $5,000 per year.
The plan was Read More
The TaxLetter •2014-04-21 •
Amateur Athlete Trusts
The budget proposes to allow income contributed to an amateur athlete trust after 2013 to qualify as earned income for purposes of determining the registered retirement savings plan Read More
The TaxLetter •2014-04-11 •
Another year, another budget. Sometimes I feel like I should not be surprised by what the Canadian government has in mind. Other years, I feel like a truck has side-swiped Read More
Money Reporter •2014-04-08 •
Announcing a REAL target for your retirement savings goals.
For a couple of issues of this newsletter advisory, I have been (more than) hinting at how the retirement/planning complex has been Read More
The TaxLetter •2014-04-03 •
A 70-year-old, unmarried client came to see me last month, worried about an issue that’s common to many affluent Canadians.
He has accumulated $2.8-million in a RRIF and is now concerned Read More
The TaxLetter •2014-03-26 •
Using life insurance to provide a financial security blanket is one of the most thoughtful gifts you can leave your family.
But just remember that “thoughtful” should never be confused with Read More
The TaxLetter •2014-03-18 •
– Mark Halpern, CFP, TEP
Review your existing life insurance
Do you have adequate life insurance protection? Ensuring you have the right life insurance can be an important component of your overall Read More
The TaxLetter •2014-03-10 •
– Mark Halpern, CFP, TEP
Are you an investor who owns shares of a private holding company or investment corporation? Are you nearing retirement, or already retired?
Proper financial planning helped get Read More
Canadian Mutual Fund Adviser •2014-03-06 •
Invest gradually. That way you’ll be in a position to take advantage of lower prices when stock-market corrections occur.
• Invest the core of your portfolio in conservative equity funds Read More
The TaxLetter •2014-02-28 •
When it comes to tax planning, is obtaining a loan to purchase an RRSP a good idea?
“An RRSP loan can be advantageous if you have accumulated a significant amount of Read More
The TaxLetter •2014-02-20 •
– Samantha Prasad LL.B.
We all know the cardinal rule relating to RRSP withdrawals before maturity: DON’T DO IT!
The tax hit on withdrawals from your RRSP has always been a huge Read More
The TaxLetter •2014-02-12 •
Registered Retirement Savings Plans, or RRSPs, help you to save for a more comfortable retirement while deferring taxes – hopefully on more favorable terms – into the future.
But the investment Read More
The TaxLetter •2014-02-04 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
The government developed the attribution rules to prevent blatant income splitting.
Income splitting, of course, diverts income from a Read More
The MoneyLetter •2014-02-03 •
The MoneyLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Parents of children face large demands on their cash flow. They likely service a high mortgage, pay off their Read More
The TaxLetter •2014-01-17 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Some investment advisors think that you should never again contribute to an RRSP. In fact, some go further and Read More
The TaxLetter •2014-01-09 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Every profession has a unique way of developing new business relationships, but it’s usually a variation of “show and Read More
The TaxLetter •2013-12-31 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
The new year is here, so we’ve prepared some quick and easy deductions to help cut your tax bill. Read More
The TaxLetter •2013-12-23 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
During the recession some years back, the unemployment rate in Canada was hovering in the 8.5 per cent range.
The TaxLetter •2013-12-13 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
In our article on Discretionary Family Trusts in September’s TaxLetter, we noted that family trusts only have a tax Read More
The TaxLetter •2013-12-05 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
With U.S. real estate prices remaining near historic low levels, many Canadians feel this is continues to be an Read More
The Investment Reporter •2013-11-29 •
The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Some investors find that when they need a list of their securities, they have to go on a Read More
The TaxLetter •2013-11-26 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Mr. C asked us “Do you have guidelines for what percentage of RRSP assets should be fixed-income, such as Read More
The Investment Reporter •2013-11-13 •
The Investment Reporter,, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Rebalancing leads to trading costs. These include brokerage fees when you sell one investment and reinvest in another, Read More
The TaxLetter •2013-11-11 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Last month we wrote about the demise of the one per cent prescribed rate for income splitting strategies. We Read More
The TaxLetter •2013-10-30 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Creating a charitable legacy can be one of the most personal and enduring decisions you will ever make.
And Read More
Canadian Mutual Fund Adviser •2013-10-28 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Though many investors believe that equities will, over time, outperform fixed-income investments, they still fear the stock Read More
The TaxLetter •2013-10-22 •
The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Split pension income, save taxes
All’s fair in love… and taxes. At least, that’s the way the Canada Revenue Agency Read More
The TaxLetter •2013-10-04 •
It is important to have the right type of income when you retire.
There are various types of investment income that are more tax-efficient before and after retirement. and corporate class Read More
