Income shifting lowers taxes by moving income from high to low tax brackets. Explore methods for effective tax planning.
Proper tax planning is essential for managing and preserving wealth. For ultra-high-net-worth individuals and their families – people with $30 million in investable assets – efficient tax management ...
Yvonne Delry, investment specialist from FirstOntario and Aviso Wealth, and Andrew Ostrasz, a senior wealth advisor, provided income splitting strategies for families.
Pension income splitting allows Canadian couples to allocate up to 50% of eligible pension income from the higher-earning spouse to the lower-earning spouse for tax ... Read more This article appeared ...
Tim Howard, advice strategy and technical specialist at BT Financial Group, said in a webinar late last year that there are ...