Tax – Canadian

Corporate Owned Life Insurance

A corporation may own life insurance to: -fund a buy/sell agreement -as collateral for a loan -to cover the loss of a key employee -paying tax at death -to cover losses incurred as a result of a key employee or … Continue reading

Posted in 2013 Canadian Tax Tips, BLOG, Financial Planning, Tax - Corporate | Leave a comment

Shared Custody – Eligible Dependent, Child Amount and Childcare Expenses

In shared custody situations each parent can claim one eligible dependent amount and one child amount non-refundable tax credit.   Therefore one child each year per parent.  If they can’t agree who takes which child then nobody gets the deductions.  The … Continue reading

Posted in 2010 Canadian Tax Tips, 2011 Canadian Tax Tips, Tax - Canadian, Tax Tips | Leave a comment

Apprentice Tax Tips – Employers and Employees

Apprentice Tax Tips for Employers and Employees Continue reading

Posted in 2011 Canadian Tax Tips, BLOG, Tax - Canadian, Tax - Corporate, Tax - Personal, Tax Tips | Leave a comment

2010 Tax Tips

2010 Tax Tips – The more you know, the less you owe.
Continue reading

Posted in Tax - Personal | Comments Off on 2010 Tax Tips