What Counts In the Passive Investment Income Limits – The Devils In The Details
In 2018, the Federal government introduced limits on passive income for Canadian Controlled Private Corporations. This was an attempt to[…]
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Year: 2018
The Night-King Delivers His Budget – The Impacts of The 2018 Federal Budget On Canadian Physicians
When I started this Blog of Ice and FIRE, I likened the medical climate in Canada to the seasons of[…]
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Using Your Home To Squish The Taxperson With Income Splitting
We have previously discussed trying to build up a lower income spouse’s personal investment account as one of many strategies[…]
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Meet the Jones’: Could a Spousal Loan Make Sense For A High Income Employee To Income Split?
Previously, we took a very detailed look at how spousal loans work as part of a multi-pronged income splitting strategy.[…]
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Spousal Loans – The Case of Dr. Strange
A spousal loan is one of many strategies for income splitting. We examined how a spousal loan could help Professor[…]
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Playing The Banker With a Spousal Loan To Income Split
Monopoly Short Game Rules: One person is assigned to be banker. They win. Somehow, I always end up being the[…]
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Income-Splitting & The Attribution Rules
Learn how to reduce your tax bill by building investments attributed to a lower income spouse. Without running afoul of the attribution rules.
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Spousal RRSPs For Income Splitting – From Diapers to Diapers
Most people think of Registered Retirement Savings Plans (RRSPs) as being for retirement. Duh, it’s in the name. However, for[…]
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You may want to be sleeping with your billing agent
As I eluded to in my prologue post about keeping the sprinkler running, there are still methods of income splitting[…]
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Let’s Keep The Sprinkler Running
Happy New Year! 2018 is here and with it the new rules to limit income splitting by Canadian small businesses[…]
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