Income splitting | Investment Executive https://www.investmentexecutive.com/tag/income-splitting/ Canada's news source for financial professionals Wed, 22 Jan 2025 16:45:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Income splitting | Investment Executive https://www.investmentexecutive.com/tag/income-splitting/ 32 32 Help clients 65 and older make the most of their tax returns https://www.investmentexecutive.com/news/industry-news/help-clients-65-and-older-make-the-most-of-their-tax-returns/ Tue, 21 Jan 2025 21:16:15 +0000 https://www.investmentexecutive.com/?p=500649 Here's a cheat sheet of helpful credits, benefits, deductions and expenses

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]]> Deadline nears to repay 2024 interest on prescribed-rate loans https://www.investmentexecutive.com/news/industry-news/deadline-nears-to-repay-2024-interest-on-prescribed-rate-loans/ Mon, 13 Jan 2025 20:33:40 +0000 https://www.investmentexecutive.com/?p=500097 Why clients must avoid late payment, consider current loan structure

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]]> Prescribed rate loan planning https://www.investmentexecutive.com/inside-track_/jamie-golombek/prescribed-rate-loan-planning/ Fri, 03 Jul 2020 19:31:32 +0000 https://www.investmentexecutive.com/?p=403504 Help your clients with their income splitting strategies

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]]> CRA provides clarity on the tax on split income https://www.investmentexecutive.com/news/industry-news/cra-provides-clarity-on-the-tax-on-split-income/ Mon, 10 Jun 2019 18:21:23 +0000 https://www.investmentexecutive.com/?p=383313 At STEP Canada’s annual roundtable, the agency also warned about anti-avoidance rules

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]]> Yearend tax reminders for clients https://www.investmentexecutive.com/news/industry-news/yearend-tax-reminders-for-clients/ Mon, 10 Dec 2018 22:00:53 +0000 https://www.investmentexecutive.com/?p=359994 Take advantage of income-splitting opportunities

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]]> Income splitting in the age of TOSI https://www.investmentexecutive.com/newspaper_/building-your-business-newspaper/income-splitting-in-the-age-of-tosi/ Fri, 12 Oct 2018 04:14:00 +0000 https://www.investmentexecutive.com/?p=356975 Although the new "tax on split income" rules target adult children and spouses of business owners, there are exceptions that permit income splitting under certain circumstances

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]]> Quebec to harmonize with federal income splitting rules https://www.investmentexecutive.com/news/research-and-markets/quebec-to-harmonize-with-federal-income-splitting-rules/ Thu, 29 Mar 2018 18:00:58 +0000 https://www.investmentexecutive.com/?p=348310 The changes proposed in Quebec's budget will only be adopted after the draft federal income splitting rules are ratified

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]]> Clamping down on income splitting https://www.investmentexecutive.com/in-depth_/special-reports/clamping-down-on-income-splitting/ Fri, 13 Oct 2017 05:50:00 +0000 https://avatar.investmentexecutive.com/uncategorized/clamping-down-on-income-splitting/ The Liberals' recent proposed tax changes for private corporations are part of a larger effort by the feds to eliminate opportunities for wealthier Canadians to split income and reduce taxes. The question is, does that make for good tax policy?

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]]> More than one way to split income https://www.investmentexecutive.com/newspaper_/building-your-business-newspaper/more-than-one-way-to-split-income/ Fri, 29 Jan 2016 05:00:00 +0000 https://www.investmentexecutive.com/uncategorized/more-than-one-way-to-split-income/ Canadian governments have implemented several measures that allow seniors to split income to lower taxes. But the rules are strict

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]]> High-income earners face higher taxes, lower child benefits under Liberals https://www.investmentexecutive.com/news/research-and-markets/high-income-earners-face-higher-taxes-lower-child-benefits-under-liberals/ Wed, 21 Oct 2015 14:50:00 +0000 https://www.investmentexecutive.com/uncategorized/high-income-earners-face-higher-taxes-lower-child-benefits-under-liberals/ The proposed replacement for the universal child-care benefit is aimed at putting more money into the pockets of lower-income families.

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