Wealth strategies
Tax savings
Include tax-saving strategies in your financial plan.
Estate planning
New trust reporting rules
Trustees may have additional tax reporting obligations with respect to trusts they manage as of 2023.
Estate planning
Family trusts & prescribed rate loans
Income-splitting with minors may reduce tax & maximize cash flow A prescribed rate loan arrangement can be used by couples (spouses or common-law partners) to…
Tax savings
Reversing the stigma of reverse mortgages
How wealthy retirees can use this tool to free up cashflow
Tax savings
Ontario staycation tax credit
As the COVID-19 pandemic continues, many Canadians are looking to vacation closer to home. If you live in Ontario, you could be eligible to claim…
Tax savings
Heading south
Heading south for an extended period of time? It's important to understand the U.S. tax residency & the Substantial Presence Test. There are a few…
Tax savings
Disclosing foreign property
What are the disclosure rules concerning foreign property owned by Canadian taxpayers? The quick answer points to Form T1135, or the Foreign Income Verification Statement.…
Tax savings
Home-office deductions for the 2020-2022 tax years
The COVID-19 pandemic has caused many employees to work from home. Wondering if expenses you incurred as part of your employment duties at home are…
Tax savings
A charitable giving strategy
After this year, it is so important to support those in need if you are able to. Our team can help align your values with…
Tax savings
Spotlight on Donor Advised Funds
A donor advised fund is similar to having your own charitable private foundation, allowing you to hold meetings, decide which charities to support, and more.