Ways & Means Blog

When the end of the year approaches, many individuals place a greater focus on tax planning to minimize their income tax liability. Beyond the end of the year, however, there are some areas of tax planning that often get overlooked.

If you’re a student or are considering a return to school, you may want to take advantage of the tax credits and deductions that may be available to you as a student.

We analyze the latest proposed federal budget measures, and the effect they may have on you.

Find out how certain strategies can help you reduce tax and incorporate charitable giving.

Platform promises and the potential impacts on Canadians’ tax bills

RBC Wealth Management Services analyzes the latest proposed federal budget measures, and the effect they may have on you.

“Depending on circumstances, it may be timely to consider a prescribed rate loan strategy to help effectively lower your family’s overall tax bill.”

Exploring the topic of prescribed rate loan planning and why it may be a timely approach for some families.

“Within tax planning, two main aspects are minimizing taxable gains and finding ways to effectively manage losses. It’s here that the strategy of tax-loss selling may be beneficial.”