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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Personal finance blog for Canadian doctors and other high income professionals.
A Canadian physician blog for helping other Canadian physicians learn to manage and improve their financial health, invest, and build wealth to support them in having fulfilling careers and lives.
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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Kids and Christmas Presents
The lead up to Christmas is always an exciting and busy time around here in the Loonie Bin. One of[…]
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RRSP Refund Tricks and Traps
Welcome back to the Jedi Academy. This is where we receive more advanced RRSP training. It is not for the[…]
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Paying Dividends vs Salary From A Canadian Controlled Private Corporation To Invest in RRSPs
Some of you may have been tempted to skip learning about RRSPs because you have a CCPC. You could just[…]
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