2023 Fall Economic Statement

 November 30, 2023 |Charles W. Cullen III
The Canadian Deputy Prime Minister and Minister of Finance released the Fall Economic Statement. For a summary of some of the significant tax and financial planning measures announced, please click the article below. For more information, please reach...
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Taxation of In-Trust Accounts

 November 23, 2023 |Charles W. Cullen III
When you receive the T5, T3 or other tax reporting slips for your in-trust account, you may wonder who is required to report the income? This article discusses this and other tax issues relating to trust accounts. As always, for more information, please...
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2023 Year-End Tax Planning

 November 16, 2023 |Charles W. Cullen III
As year-end approaches, taking some time to review your financial affairs may yield significant tax savings. For some tips that may apply to your situation, please click the link below. For more information, please reach out. Click Here
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Quarterly Tax Instalments

 November 09, 2023 |Charles W. Cullen III
An unexpected surprise come tax season may be the requirement to pay quarterly tax instalments. To learn what are they and when you may be required to make them, click the link. For more information, please reach out. Click Here
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Pension Income Splitting

 November 02, 2023 |Charles W. Cullen III
Once you and your partner are in retirement, it is important to be aware of different strategies that allow a higher income spouse to allocate certain types of retirement income to a spouse who's taxed at a lower rate. As always, for more information...
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