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RBC Wealth Management Services analyzes the latest proposed federal budget measures, and the effect they may have on you.
Tax scammers try many tricks to separate you and your cash — from email notices and offers, fake websites, and even over the phone or in text messages. Here's what to look out for.
“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.”
“For some families, there may be opportunities to reduce taxes by setting up a prescribed rate loan.”