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income sprinkling

Year End Tax Planning Considerations for Small Business Owners

Wealth Planning | Dec 11, 2018

As we approach the upcoming 2018-2019 tax season, we want to remind small business owners of some important tax planning considerations. The Income Sprinkling – Simplified Rules for Business Owners guide can be an effective tool to help business owners navigate the recent changes to the tax treatment of Canadian…

Finally Some Clarity… The Passive Income Rules

Wealth Planning | Jun 4, 2018

A sigh of relief… After more than nine months of waiting, business owners have finally learned how income on corporate savings will be taxed moving forward. These have been uncertain times, as the possibility of 70%+ tax rates for corporate investments commanded headlines and media stories across Canada. Many business…

Wealth Matters Quarterly Webcast

Webcasts | Apr 24, 2018

The second quarter webcast of Wealth Matters for 2018 will be held on Wednesday, May 9 at 11 a.m. PST. Many business owners and tax professionals alike have been following the federal government’s proposed tax reforms for private corporations since last summer. Regrettably, the changes have kept coming. In this…

Revised Rules on Income Sprinkling

Wealth Planning | Dec 19, 2017

On December 13, 2017, Canada’s Minister of Finance, Bill Morneau, announced revised tax measures related to “income sprinkling” by business owners and their families. The new rules will take effect on January 1, 2018. Alongside Minister Morneau’s announcement, the Canada Revenue Agency (CRA) released guidance on the proposed tax measures….