How Investment Income is Taxed
When it comes to investment income, all is not equal after tax. Knowing how tax rules affect your
investments is essential in order to maximize your after-tax return. This publication explains the taxation
of investment income held in a taxable account as it pertains to an individual resident in Canada.
Pension Income-splitting Provides Tax Planning Opportunities for Couples
COVID-19 Federal Relief Measures Guide
The pension income-splitting rules provide an effective, yet simple, strategy to lower family taxes. Being able to split pension income provides an opportunity for couples to reduce their overall family tax bill by taking advantage of a spouse’s or common law partner’s lower marginal tax rate where retirement incomes are disproportionate.
Tax Tips for Investors
Knowing how tax rules affect your investments is essential to maximizing your after-tax return. In addition, keeping up to date on changes to the tax rules ensures that you take advantage of all the tax savings available to Canadian-resident individuals. This article provides an overview of select strategies to assist you in reducing your tax bill. Please note that this article should not be construed as tax advice and individuals should consult with a tax advisor regarding their personal situation.
A guide to the Government of Canada’s economic response to COVID-19
Pros & Cons of Owning Property Joint Tenants with Right of Survivorship
Couples commonly hold property as Joint Tenants with Right of Survivorship (“JTWROS”). This article highlights the Pros and Cons.