Posts Tagged tax deduction

Less Favorable Rules for Donation of Publicly Listed Flow-Through Shares

  Before the 2011 budget, when flow-through shares were donated to a charitable organization, the donor could receive generous tax credits and deductions that would result in little after-tax cost. This was due to the fact that the donor could take advantage of the deduction for ...

Comments Off on Less Favorable Rules for Donation of Publicly Listed Flow-Through Shares   |   Posted in Charitable Giving,Estate Planning,Financial Planning for Business Owners,Investments,Retirement Planning,Tax Planning July 31, 2011

End Pension Discrimination for Business Owners with an RCA

If you are an executive working for a large Canadian company, most likely you have a generous pension plan that funds your retirement based on a formula that allows you to have an income equivalent to 70% of your final average earnings. If you are a ...

Comments Off on End Pension Discrimination for Business Owners with an RCA   |   Posted in Financial Planning for Business Owners,IPP,Retirement Planning,RRSP,Tax Planning March 07, 2010

Quick RRSP Facts

The RRSP season is upon us once again and it is time to take stock of your income in 2009, your RRSP contribution room and the optimal amount that you need to contribute to your RRSP before the March 1st, 2010 deadline, in order to ...

Comments Off on Quick RRSP Facts   |   Posted in Financial Planning for Business Owners,Retirement Planning,RRSP,Savings and Investments,Tax Planning January 17, 2010