10 Simple Ways to Pay Less Tax Through Your Business?

tax strategies

This week’s federal government budget illustrated that the federal government might be easing off its assault on small business owners.  They are moving forward with the proposal to eliminate the tax on split income (TOSI) for dividends paid to non-participating family members within a business.  They have eased off on the passive investment income that a business owner can keep … Read More

Why You May Want to Consider Split Dollar Critical Illness Insurance

Split Dollar CI

Split-Dollar Critical Illness Insurance or Shared Ownership refers to a concept where more than one party owns an interest in an insurance policy. ┬áThe most common of these arrangements is where the corporation is the owner and beneficiary of the death benefit and the shareholder, and an employee owns the cash value of the policy. What is Split Dollar Critical … Read More