mature business woman holding phone

Tax-planning checklist for business owners and managers

March 17, 2025 |RBC Wealth Management

There are many strategies available to you as an owner-manager to help minimize your taxes. If you own an active business through a private Canadian corporation, you may find the following non-exhaustive tax-planning checklist helpful.

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Your Financial To-Do List

January 14, 2025 |RBC Wealth Management

By getting your financial life in order, you give yourself the opportunity to help maximize your returns and preserve your wealth. Consider going through this list, noting the items that are applicable to your circumstances, and speaking with a quali

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How income splitting can create tax savings

How income splitting can create tax savings

January 01, 2025 |RBC Wealth Management

Find out what income splitting is, and how a prescribed rate loan strategy may be beneficial for you as part of tax planning.

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business man and woman working on computer

2024 Year-End Tax Planning

November 18, 2024 |RBC Wealth Management

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.

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Pension income splitting

August 19, 2024 |RBC Wealth Management

Many Canadian families may be able to reduce their total tax bill by having a higher income spouse allocate certain types of retirement income to a spouse who’s taxed at a lower rate.

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Capital gains exemption on private shares

August 19, 2024 |RBC Wealth Management

How you may be able to save approximately $400,000 of taxes on the sale of your business

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A guide to family meetings

July 15, 2024 |RBC Wealth Management

Five strategies to help make family meetings an effective tool in wealth transfer planning.

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