Upcoming changes to the taxation of life insurance
It’s been 34 years since the government updated the rules for the life insurance “exempt test” – a test that allows insurance policies to benefit from tax-exempt growth. There will be a significant impact to policies issued after December 31, 2016. This edition of TaxBites discusses the changes and the actions you might consider before […]
Thinking about Fort McMurray
In the days after this tragic event, the entire Protect team want to offer our sincere and heartfelt condolences to the people and families impacted by the Fort McMurray fire. Our thoughts and prayers are with the entire community of Fort McMurray in the midst of this devastating event. In order to help those affected, […]
How do you pay your medical bills?
You’re not alone if you say “I just pay for them out of pocket”, but you might be missing an easy way to save tax. This edition of TAXBITES discusses HealthPlus – our simple and inexpensive self-insurance plan for medical expense reimbursement that will save you a lot of tax. There are no medical questions, it’s easy […]