Strategic Thinking, CRA, knowledge bureau, Evelyn Jacks, Small Business, tax courses, tax changes, tax advisors, tax education, CE summits, Morneau, income sprinkling, online education, income tax preparation, income tax for business, tax for proprietorships, Benitta Anselm Nerio
Strategic Thinking, President - Knowledge Bureau, knowledge bureau, Evelyn Jacks, Happy Holidays, holiday hours, knowledge bureau team
Strategic Thinking, tax preparation, Financial Literacy, CRA, knowledge bureau, Evelyn Jacks, income tax estimator, tax calculator, tax courses, financial education, CE summits, Walter Harder, audit-proofing, income tax filing, personal income tax, online education, Canadian income tax calculator
Strategic Thinking, Financial Literacy, CRA, capital gains, knowledge bureau, Evelyn Jacks, family business, retirement planning, investment income, tax courses, financial advisors, retirement income, wealth management, tax changes, income splitting, tax advisors, financial education, tax reform, small business tax, Liberal government, Canadian income tax, Morneau, income sprinkling, family tax credits, reasonableness test, capital contribution, private corporation tax, incorporated business
It’s official, family income sprinkling rules will take effect January 1, 2018, and, unless a family member can show active participation under still-complicated reasonableness tests, distributions of income from private family businesses will be taxed at top tax rates, with none of the progressivity in tax rates available to individuals. This will require an immediate rethinking of resources available to the economic unit known as the family business.
Strategic Thinking, Financial Literacy, tax credits, knowledge bureau, charitable donations, Evelyn Jacks, tax courses, financial education, tax benefits, charitable donation claims, donating to charity, First Time Donor’s Super Credit, tax-efficient planning, tax incentives