Is taxpayer innocent or complicit?
Appeal court rules taxpayer didn’t provide enough information to bank
The IRS has just made it easier for taxpayers with RRSPs or RRIFs to get favorable U.S. tax treatment; it’s also taken steps to simplify procedures for U.S. taxpayers with these plans.
The TFSA is the favourite investment account choice for Canadians, according to the Manulife Investor Sentiment Index. It’s been the top choice since the Index began tracking it in December 2010.
Many Canadians will use their tax refund to pay off debt, says a CIBC study.
Almost one-third of Canadians (31%) are planning to leave RRSP contributions to the last minute, finds a CIBC poll.
You need to help people retire in style.
Canadian couples are not on the same page in terms of who they feel is the lead decision maker on retirement planning issues shows BMO's fourth-annual Valentine's day RRSP study.
Too many Canadians are leaving important retirement savings and planning strategies to the last minute as they rush to make an RRSP contribution before the March 3 deadline, says Jamie Golombek, managing director of Tax & Estate Planning at CIBC Wealth Advisory Services.
Almost 90% of Canadians plan to rely on the Canada Pension Plan/Quebec Pension Plan (CPP/QPP) to cover costs during their golden years, according to a BMO Financial Group study.