Ottawa Business Journal
November 23, 2023.
Joelle Hall, Portfolio Manager, Wealth Advisor, Investment Advisor, says that as an investor, sometimes taking a loss can offer benefits for your wealth in the long run.
More specifically, she means tax-loss selling – a strategy that can be used to reduce the tax paid on capital gains by triggering capital losses from non-registered investments.
Tax savings
How to take advantage of tax-loss selling
Tax-loss selling involves the disposition of investments in a non-registered account with accrued losses so that they can be used to offset capital gains realized…
Estate planning
Proposed changes to the Alternative Minimum Tax and what they could mean for philanthropy
Although it’s been around since 1986, most Canadians aren’t aware of the Alternative Minimum Tax (AMT) rule.
Uncategorized
2023 year-end tax planning checklist
Take some key steps before the end of the year and early in the new year from a tax planning perspective to make a positive…