Tax Planning & Strategies

There are so many things to handle with during the time of the divorce that taxes and their implications are placed to the bottom of the list. In most cases there are assets that need to be divided up amongst the couple, and one of the ways that can be advantageous to both is to […]

As average tax payers we often gripe about how some of us have to pay substantial tax yet those that really can afford it seem to be paying very little. We all know that this comes down to what is commonly known as tax loopholes.

Now that you have overcame your tax responsibilities as a couple and you now have a new little one on the way, you also are going to have the extra responsibility of determining how your taxes have to be done in relation to the newborn baby.

It is not unusual for taxpayers to pay closer attention as to what is going on with the government during an election. Once the election takes place then many of us tend to go back to our normal lifestyles and just except whatever the government is proposing to bring in by way of legislation. On […]

As another year comes close to its end the last month is an extremely busy one. On a personal level everyone is gearing up for the Christmas season. There is decorating to be done, gift buying and wrapping is on the agenda, and then there is tons of entertaining and events to not only to […]

There are many Tax effective ways to Take Money Out of Your Business.  When planning for a family small or medium sized business group, the main consideration is how much ends up in the family unit’s pocket.  Here are three strategies to consider. 1. Declare a Dividend to a Lower Income Shareholder (includes kids over […]