Corporate Efficiency Planning
Working alongside your accounting and legal team I will help you understand the differences between a T4 and Dividend source of income and more importantly the tax consequences on both sides. Should RRSP’s and TFSA’s be maximized or should you focus on Corporate investments like, PPP’s, CIRP’s and an investment portfolio? We will also discuss any income splitting that could be advantageous to your family’s household income. Which insurance contracts should be paid via the corporation? Which premiums, if any, are deductible? Are you maximizing the usage of your corporation from a tax, investment and estate perspective?