Are you thinking of leaving the U.S. tax system?

February 15, 2024 |Charles W. Cullen III
For those who are contemplating leaving the U.S. tax system, many issues may arise. For an overview of the U.S. exit tax law, please click the link. For more information, please reach out. Click Here
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RRSP Quick Tips

January 25, 2024 |Charles W. Cullen III
Below, you will find a series of RRSP quick tips. Don't know if you are maximizing your RRSP? Please reach out. Click Here
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TFSA Quick Tips

January 18, 2024 |Charles W. Cullen III
Below, you will find a series of TFSA quick tips. Don't know if you are maximizing your TFSA? Please reach out. Click Here
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Prescribed Rate Loan Annual Interest Payments due by January 30th

January 11, 2024 |Charles W. Cullen III
To ensure that the prescribed rate loan you made to a spouse continues to meet the requirements to split income, the annual interest payment must be made by January 30th of the following year. This is a common strategy that we implement for many clients...
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Early 2024 Tax Tips

January 04, 2024 |Charles W. Cullen III
It is never too early to think about tax planning. Below, you will find tax strategies that may only be available early in the new year. For more information, please reach out. Click Here
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Employee Compensation - Bonus

December 14, 2023 |Charles W. Cullen III
For many, year end bonuses coincide with the calendar year end. For some potential tips on how to receive the bonus, please click below. For more information, please reach out. Click Here
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The RRSP/RRIF Meltdown Strategy

December 07, 2023 |Charles W. Cullen III
For special situations, it may make sense to deregister your RRSP or RRIF early and replace your excess registered assets with non-registered assets using an investment loan. It is important to note that borrowing money to finance the purchase of securities...
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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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