Tax Planning for Private Corporations Threatened

Tax planning and mid-year market review

DLD Newsletter (August 2017) includes Tax Planning for Private Corporations Threatened, Choosing a Guardian for your Child and the 2017 Mid-year Market Review.

Tax Planning for Private Corporations Threatened: In short, the government has proposed to remove tax advantages available for business owners to equalize the tax consequences faced by workers in the highest marginal tax bracket. Yes – this is bad news for incorporated professionals and business owners (AKA higher taxes).   For those of you affected, we suggest that you speak with your CPA to understand how it will affect your specific situation.  We will also reach out to you or you’re welcome to get in touch with us to discuss your planning options going forward.

Finance will accept comments until October 2, 2017, at Interested parties can also cc their MPs.

Choosing a Guardian for your Child
Choosing a Guardian for your Child

It’s not the first thing that comes to mind after your child’s birth but as part of the planning process, it’s an important decision to make in case the unexpected happens.  Click to view this Manulife article that provides some good insight on how to make that tough decision.

2017 Mid-year Market Review

For those of you who haven’t noticed, our website is currently under construction. Here’s the mid-year report for your reference:

Stay tuned for our new website scheduled for Fall 2017. In the mean time, if you haven’t already done so, like our Facebook page as we will be posting updates on that platform: