RESP withdrawals - strategies and tax
After spending nearly two decades saving for a child’s post-secondary education, it’s time to start paying for it.
Alternative Minimum Tax measures – spearfishing with dynamite?
The 2023 Federal Budget proposed changes to the Alternative Minimum Tax (AMT) rules that target some of Canada’s wealthiest Canadians.
A deep dive into the First Home Savings Account (FHSA)
A new option to help Canadian residents buy their first home.
Family business succession planning
Details on how the current rules will be modified.
The upside of loss
Down markets and negative rates of return are generally not good news. However, a potential silver lining is that realizing capital losses can reduce capital gains and taxes payable. If you or your spouse¹ have realized capital gains in the last three years, consider selling an investment that has dropped in value to recover the taxes paid on those gains.
Corporate Estate Bond – always made sense and still does!
The Corporate Estate Bond concept is a simplified analysis that compares corporate-owned life insurance to a taxable alternative investment.
Reading between the lines
Interest deductibility.
Understanding insurance trusts
What they are and how to use them.
The deductibility of investment management fees
The deductibility of investment management fees.
Family business support
New tax amendments that supports family business succession.
Segregated fund tax advantages
Understanding similarities and differences compared to mutual fund trusts.
Tax filing and planning in a COVID-19 world
Useful advice to help Canadians reduce their tax bills.
Kicking the tax can further down the road
The federal budget fiscal response to COVID-19.
