New income tax rules for life insurance will come into effect in a little over a year, with significant impact on estate plans. Here are strategies ahead of time…. Read more…..
2016 Combined Rates ( Federal and Ontario) 2015 Combined Rates ( Federal and Ontario) Tax Brackets Tax Rates Tax Brackets Tax Rates First $41,536 20.05% first $40,922 20.05% over $41,536 up to $45,282 24.15% over $40,922 up to $44,701 24.15% over $45,282 up to $73,145 29.65% over $44,701 up to $72,064 31.15% over $73,145 Read more about 2015 and 2016 Combined (Fed and Ont.) Tax Rates[…]