Viewpoints about Tax
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Working from home? Don’t miss out on valuable tax savings
If working from home is your new normal, it could mean savings on your 2020 tax return — or even in years to come, depending on how long you work from home.
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A guaranteed return – and more
Guaranteed interest accounts (GIAs) provide interest income, insurance benefits and flexibility. Learn more about them.
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Guarding beneficiary designations — recent developments
Recent legal challenges could keep funds from going to named beneficiaries. This summary includes some tips so advisors can help protect their clients’ intent.
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Understanding trusts and contracts held in trust
Learn trust basics: Formal vs. informal, attribution rules, end of the preferred beneficiary election, contracts held 'in trust'. Sample forms included.
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Understanding your tax slip
Investors receive annual tax slips from each of their funds. Learn what the information means, and how to use it to report taxable amounts on tax returns.
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The bigger bang RRSP strategy
It's common to take out an RRSP loan, paying it off using the tax refund. The 'bigger bang' strategy delivers larger contributions and a current year deduction.
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Speech from the Throne — What’s on our radar
The Speech from the Throne laid out the government’s agenda, and several things that were announced caught our attention — such as a number of new benefits, creation of a Canada-wide early learning and childcare system, and wealth inequality taxation. Here’s what our Tax, Retirement, and Estate Planning Services team will be keeping an eye on with government updates and legislation.
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Professional Corporations Offer Tax Breaks
Many professionals in Canada can now incorporate their practice. Who's included? Who's a good candidate for incorporation? What are the pros and cons?
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Common wealth transfer mistakes (Quebec edition)
Transferring assets so they end up with the people selected in the manner intended doesn't always go as planned.
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Investments owned by private corporations – Some considerations
Issues to consider when operating companies and holding companies own Manulife Investments GICs, Manulife segregated fund contracts, or other investments.
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