CRA updates guidance on underused housing tax | Advisor.ca
Mar 12, 2024 · AdobeStock / Reimar. The Canada Revenue Agency (CRA) has provided updated guidance on filing obligations for the underused housing tax (UHT), even though the related …
What the disability tax credit means for eligible Canadians and …
May 14, 2021 · iStockphoto Federal Budget 2021 proposed expanding eligibility for the disability tax credit (DTC) in the areas of mental functions and life-sustaining therapy. This is welcome …
TFSA limit rises to $7,000 for 2024, officially | Advisor.ca
Nov 23, 2023 · AdobeStock / JHVEPhoto. The TFSA contribution limit for 2024 has been officially released. That limit is $7,000, up from $6,500 in 2023 and $6,000 in 2022.
How to unlock a life income fund | Advisor.ca
Jun 11, 2020 · Quebec: Nova Scotia: Nfld. Age range: Any age up to Dec. 31 of the year you turn 65: 55 to 64: 55 to 64: Maximum amount: 40% of maximum pensionable earnings ($23,480 in …
The clearance certificate: what it is, and why it matters
Feb 25, 2019 · Providing executors with peace of mind. One of an executor’s most important jobs is to obtain the clearance certificate: written confirmation from the Canada Revenue Agency …
Joint accounts and survivorship rights | Advisor.ca
Sep 1, 2010 · Update, April 2016: The author has confirmed that the law on joint accounts remains generally the same, though case law is always evolving. On the surface, a joint …
How much should an executor be paid? | Advisor.ca
Oct 4, 2021 · iStock.com / Sorbetto This article appears in the October 2021 issue of Advisor’s Edge magazine.Subscribe to the print edition, read the digital edition or read the articles …
How inflation affects OAS timing | Advisor.ca
Jan 5, 2023 · Remember that the clawback zone for those 75 and older is higher, as it takes into consideration the 10% increase in benefits. For 2022, up to an additional $405.70 would have …
Home | Advisor.ca
5 days ago · Decumulation for business owners, incorporated professionals and holdco shareholders Thursday, November 28, 2024 at 1:00 pm ET . This virtual roundtable will …
Informal trust accounts: How they do and don’t work
Jun 19, 2018 · Carol Bezaire , PFPC, TEP, CLU, is the vice-president of tax and estate planning at Mackenzie Investments. Carol can be contacted at: [email protected]