Tax News

Tax forms contain clues

If you’ve never read the income tax note in a company’s annual report, you’re not alone. Many portfolio managers and sell-side analysts don’t bother, either. It’s a mundane and coma-inducing part of the financial statements. So you won’t like this advice: read the tax note.

September 1, 2011

6 min read

Four ways to tailor life insurance for wealthy clients

Wealth brings its own set of problems, among them large tax bills and uncertain wealth transfer upon death. Even if your wealthy clients don’t like to talk about dying, you can reframe the conversation to be about legacy.

September 1, 2011

2 min read

When to blow the whistle

What the regulators say about disclosing illegal activities.

By Richard E. Austin |September 1, 2011

3 min read

Help clients access RRSP funds and save tax

Any amount withdrawn from an RRSP is taxed like interest income. So, if Howard withdraws $300,000 to make an investment outside the account, he’s subject to a 39% tax rate since he’s at the highest marginal rate. - Help clients access RRSP funds and save tax

By Dean DiSpalatro |September 1, 2011

3 min read