CTV News Channel: Tax Changes For New Year
The Liberal government is introducing tax changes in 2017, cancelling four child benefits as well as income splitting for families. Peter Merrick, president of Merrick Wealth explains how these changes could affect you.
CTV News Channel: What late filers lose
As the tax deadline looms, TheIceSolution.com's Peter Merrick talks about the penalties late filers could pay.
CTV News Channel: Impact of tax modifications
TheIceSolution.com President Peter Merrick speaks about the $5,500 TFSA contribution limit, and the new middle class tax breaks.
CTV News Channel: Training for the wrong jobs?
TheIceSolution.com president Peter Merrick says there are jobs, but there is not enough people trained and equipped with the skills for them.
CTV News Channel: How to manage retirement savings
Peter Merrick, president of TheIceSolution.com explains the best ways to improve tax returns and how to find a good investment advisor.
ABC's Of Succession
Half of all privately held businesses, worth tens of trillions of dollars will be transiting ownership or control in the next decade. In this video watch Peter Merrick share his over two decades of experience of what business owners need to know when they are beginning to plan their succession from their companies and wind-down their careers.
Q & A
Learn first hand from other business owners the questions they ask when they are plan to enter the succession planning stages of both their careers and business.
Assembling a Multidisciplinary Team for Business Succession Planning
The principal theme of this session is that developing a successful exit and estate plan is like assembling a complicated puzzle. Each part must fit with the others in order for the final image to take shape. Given the detailed knowledge of estate planning, business law, mergers and acquisitions, tax law, insurance products, financial planning, and wealth management required during the exit planning process. The objective of this session is to learn what components are needed to develop and manage a multidisciplinary team to adequately represent your client.
Premium Financing a key method to fund US Estate Taxes Workshop
Our wealthiest clients are often are cheapest and that is why they have money in the first place because they followed the oldest rule in the book, spend less than you make. So these clients that we are all familiar with don't like to spend money unless it is absolutely essential. As a key component to covering off on their taxes their estate plan they should own a life insurance policy with the least amount of cost. Premium financed life insurance is a concept that is both simple and yet complex. The idea of borrowing money to fund the premiums for a life insurance policy makes sense in many situations. No matter how wealthy clients are, large life insurance premium payments can use assets that they would rather not have to liquidate. Opportunity costs are not the only reason premium finance makes sense. Clients can avoid forgoing life insurance or the appropriate amount of life insurance. In businesses, they can eliminate the strain of cash flow considerations and fund Buy/Sell and Key Man obligations. In this session learn the pros and cons of adopting this estate planning strategy.
Are Tuition Payments to Robert Land Academy Tax Deductible?
Watch a webinar hosted by Robert Land Academy October 29, 2013 with financial planner Peter Merrick,trans Are Tuition Payments to Robert Land Academy Tax Deductible?President of TheIceSolution.com. In it, we explore ways in which fees paid to private schools in Canada may be tax deductible. Robert Land Academy (RLA) is a private boarding school for boys in grades 6 through 12. It is the only private school in Canada which utilizes a military theme. Many of the students who attend RLA are teens and young men who have trouble in the traditional school environment or other therapeutic treatment programs, or may have been diagnosed with ADD, ADHD, ODD, OCD, High Functioning Aspergers, or other learning disabilities. For further information visit www.rla.ca.