Archive for November, 2009

Minimizing Tax Held in Mutual Funds in a Corporation

When it comes to tax minimization, the use of Corporate Class mutual fund structures is a strategy that has significant benefits to individuals and to corporations. Switching from one mutual fund to another triggers capital gains taxes in traditional mutual funds. However, the same switch ...

Home Renovation Tax Credit

One of the new measures introduced by the 2009 federal budget was the Home Renovation Tax Credit. This non-refundable tax credit can be claimed if you make certain renovations to an eligible residence after January 27th, 2009 but before Feb.1, 2010. The credit will apply ...

70 Comments   |   Posted in Tax Planning November 10, 2009