Year-end tax and financial planning considerations
Some strategies are time-sensitive, while others can help you start the new year on the right foot.
Articles By Jason Heath, CFP:
Scared of selling? When holding on to stocks can hurt you financially
Sometimes, it’s not action, but inaction, that can hurt you financially. Here are examples of when selling may be...
How to consolidate your registered accounts for retirement income in Canada
Do Canadians need to consolidate RRSP accounts before converting to RRIFs? Find out this and more.
Is it better to be an employee or self-employed?
Here’s a primer for Canadians on choosing between employment and self-employment for a new work arrangement.
Borrowing from your HELOC to invest in equities
You can use a HELOC for leveraged investing. But what happens if you sell your home and want to...
Update on bare trust tax filing rules for 2024 and beyond
Bare trust reporting requirements have gone through a few different iterations in recent years. Here’s where things stand for...
What happens to an RESP for grandchildren when you die?
Opening an RESP is a great way to contribute to your grandchildren’s education costs. But what happens if you...
Tax implications of adding a child’s name to your rental property
To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...
A parents’ guide to home down payment gifts and loans
Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...