DNA Sequencing – The Foundation of Precision Medicine Commoditizes
Right up near the top of the list of wise things your Grandmother used to tell you was something like “An ounce of prevention is worth a pound of cure.” Turns out, she had it absolutely right. Yet even in her wildest dreams, there is little possibility she would have realized, the extent that saying […]
Interest Expense
The Canada Revenue Agency (CRA) recently released an updated folio publication on the topic of interest deductibility. This is part of the CRA’s new Income Tax Folio series, which is designed to provide details of their current administrative practices and is targeted at the professional tax community. Folio S3-F6-C1, released in 2015, sets out the […]
Joint Tenancy Can Add Complications
Distribution of an individual’s estate can take many forms. Assets can be gifted before death or distributed after death. Specific assets can be directed to specific heirs or the residue of the estate could be divided among a group of heirs. Methods for achieving these distributions can vary. A common estate planning strategy in Canadian […]
A Charitable Gift: Differing Tax Outcomes Can Affect the Plan
Charitable gift planning should involve the careful consideration of all aspects of making a large gift to charity. Some of the elements to be considered include the exact nature of the gift (i.e., cash versus a specific asset), the timing of the gift (i.e., all at once or in installments), whether the gift is inter […]
The Inevitable March Towards Outsourced Self-Care
American politicians may have done their best to try and kill Obamacare, and while the fate of 11 million Americans health care coverage may be tested once again after the 2016 U.S. election, one thing is becoming clearly unstoppable – there is an inevitable move afoot towards outsourced health diagnosis and self-care. Service industries, such as the […]
