Charitable giving: some common strategiesCharitable giving is a growing priority for many Canadians. We see this in the latest statistics: donations have increased by 136% between 1995 and 2006. This kind of support for charity is unprecedented in our history. While generosity and belief in community are primary motivators, the greatest enabler is a series of new tax incentives that began in 1996. Learn more.
Income splitting strategiesSaving tax is a topic that almost everyone is interested in. Despite rules in the Income Tax Act to limit ways to save tax, there are still some ways to accomplish tax savings through income splitting with your family members. Learn more.
The role of insurance in tax planningInsurance has typically been used to protect against the risk of future financial loss. However, more and more, innovative insurance solutions are being used to safeguard the value of investors’ assets in a tax-efficient manner. Learn more.
You and your taxes: Establishing a year round processDoes most of your tax planning take place during the last few months of the year? If so, you are not alone. However, to effectively reduce your current and future tax liabilities, tax planning should be a year round endeavor. Learn more.
Why is tax planning important?You’ve worked hard to earn your money and in turn, you want to see as much of it as possible work for you. Tax planning allows you to identify opportunities now and build towards a tax-efficient solution centred on your priorities. Learn more.
|
