Tax News

A new formula for tax-efficient philanthropy

Client profile Annabelle Bonheur*, 56, is a biochemist at a major pharmaceutical company and makes $325,000 a year. Her deceased parents left her a large inheritance, which includes shares in two private companies and a three-acre tract of land not far from her home in Oakville, Ont., that will likely be a future hotspot for […]

By Dean DiSpalatro |October 9, 2015

7 min read

Value a business for divorce purposes

Dave and Sandra have managed a restaurant in downtown Vancouver for the past 12 years. But now the couple is divorcing and wants to sell the business. They need to know the value of their company for a net worth statement. Where should they start?

By Staff |October 9, 2015

6 min read

Help a client become a landlord

Residential real estate has been called one of the safest of assets and is considered part of a balanced portfolio. That’s because, when markets are down, clients can hold with little risk as long as their carrying costs are manageable. When markets rise, they can make solid returns. Still, there are considerations, especially if clients […]

By Suzanne Yar Khan |October 9, 2015

5 min read

Income sources for homeowners

One of the biggest investments your client’s made is his or her home. While most advisors know clients can claim mobility-related renovations as medical expenses for tax purposes, there are other provincial programs and incentives available.

By Lisa MacColl |October 9, 2015

3 min read