2023 Tax Resources
Download our 2023 tax reference cards and resources. Corporate Tax Rate Card. LIF and RLIF Minimum & Maximum Factors. Form T1135 – Foreign Income Verification
Understanding the New Reporting Requirements for Trusts
Trusts with a December 31 year end will be required to comply with the new reporting requirements beginning with their 2023 T3 Return.
Earlier or Later? Deciding When to Start Canada Pension Plan Retirement Benefits
Many individuals approaching retirement wonder if there is an optimal age to begin taking their Canada Pension Plan retirement pension benefits (CPP).
Calculating 2023 RRIF Minimum Withdrawals
As 2022 draws to a close, clients with an existing Registered Retirement Income Fund (RRIF) account, and those who converted their RRSPs into a RRIF this year, are looking to better understand what their RRIF withdrawals will look like for 2023. The attached information sheet provides rules for calculating 2023 minimum RRIF withdrawals and some illustrative examples.
Donating Shares: A Tax-Efficient Form of Philanthropy
When it comes to philanthropy, Canadians today are more intentional, want to see the impact of their gift, and are giving more. With intentional philanthropy, clients should address the following questions
Canadian Snowbirds and U.S. Taxes: Avoiding Turbulence
Snowbirds who spend their winters in the United States may not be aware that they could face U.S. tax consequences if spending extended periods of time there. Being aware of U.S. tax rules for visitors can help Canadian snowbirds plan ahead and enjoy their time south of the border without overstaying their welcome.
Earlier or Later? Deciding When to Start Canada Pension Plan Retirement Benefits
Many individuals approaching retirement wonder if there is an optimal age to begin taking their Canada Pension Plan retirement pension benefits (CPP).
