Tax News

Funding a child’s education

A good education doesn’t come cheap. Even when counting subsidies, the costs of studying and living as a student can reach a small fortune. So many parents look for ways to save for their kids’ education even before the children are out of diapers.

By Raf Brusilow |September 1, 2011

7 min read

Beware the kiddie tax

One of the most popular methods of legal income splitting in the 1990s was to have a business owner issue shares directly or indirectly (via a family trust) to his or her minor children.

August 30, 2011

3 min read

Does your client hold prohibited investments?

If you have clients who own a hefty chunk of a listed company in their registered accounts, you'd better get on the phone with them—and a tax expert.

By Staff |August 29, 2011

2 min read

Selling your book? Keep your receipts for tax time

We’re about to enter tax season. Not only will clients be calling with tax return preparation questions, but now is also a good time to get a head start on your own tax return by gathering documentation, slips and other records needed to substantiate your own business expenses.

By Jamie Golombek |August 20, 2011

4 min read