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To ensure that the prescribed rate loan you made to a spouse, or a family trust, continues to meet the requirements to split income, the required annual interest payment must be made to you by January 30 of the following year. For information on how to...

For those who are charitably inclined, making your charitable donation using appreciated securities rather than cash is worth exploring. This article discusses the potential tax benefits and strategies that many of our clients use, especially before year...

As your corporation’s year-end approaches, taking some time to review your corporate financial affairs and implement some tax planning strategies may yield significant tax savings. To ensure you leave no stone unturned, here’s a summary of some common...

The RRSP/RRIF meltdown strategy may be a tax-efficient way to replace some of your excess registered assets with non-registered assets using an investment loan. This article describes the meltdown strategy and highlights some of the potential issues you...

As year-end approaches, taking some time to review your financial affairs may yield significant tax savings. To help ensure you leave no stone unturned, here's a summary of some common year-end tax planning strategies. Click Here

A TFSA is a flexible savings vehicle where investment income earned (and growth) in the account is tax-free for Canadian tax purposes. However, U.S. persons who hold a TFSA may be subject to additional tax and filing requirements. Therefore, it’s important...

The anticipate budget release finally came this week. The following is a summary of the most significant tax and wealth planning measures proposed in the budget. To review the impact on you and your situation, please reach out. Click Here

An FHSA is a registered account to help Canadian residents save on a tax-free basis to purchase their first home. The IRS has not provided any specific guidance on the U.S. treatment of FHSA. If you should open one, or any other registered account in...

There are a number of registered savings plans available to Canadian residents that provide tax and other benefits. However, U.S. persons who have an interest or involvement in these plans may be subject to punitive U.S. tax, additional U.S. filing requirements...