a website dedicated to archiving the tax & estate writings of JAMIE GOLOMBEK
On July 18, 2017 the federal government announced taxation changes to CCPCs. In the 2018 federal budget, details were released regarding passive income.
According to a recent CIBC Economics report, the care of aging parents costs Canadians an estimated $33 billion each year in direct and indirect costs.
Canadians love collecting points. A recent CIBC Poll found that over half (52%) of Canadian credit card holders earn points. Surprisingly, 82% of them don’t think about their points as a financial asset.
With top marginal tax rates over 50 per cent in seven out of ten provinces, the temptation to shift income ...read more
How the estate tax affects your client's U.S. vacation property.
If your clients are considering ...read more
If clients have borrowed money to invest, and hope to write off their interest expenses come tax time, ...read more
The term estate planning conjures images of wealthy philanthropists living out their retirement years ...read more
most parents prefer to give their adult kids money than live with them
Jamie Golombek tells BNN about the advantages of financial gifts and answers some common questions.