http://mariettadomingo.com/wp-content/uploads/2017/11/lifeInsuranceCDA.jpg 294 500 Marietta Domingo http://mariettadomingo.com/wp-content/uploads/2016/09/mariettaLogo235.png Marietta Domingo2017-11-01 22:02:372017-11-01 22:03:35Life Insurance and the Capital Dividend Account
Many business owners are unaware that corporate owned life insurance combined with the Capital Dividend Account (CDA) provides an opportunity to distribute corporate surplus on the death of a shareholder to the surviving shareholders or family members tax-free.
http://mariettadomingo.com/wp-content/uploads/2017/10/smallBusinessUpdates-Marietta-Domingo.png 792 612 Marietta Domingo http://mariettadomingo.com/wp-content/uploads/2016/09/mariettaLogo235.png Marietta Domingo2017-10-30 08:00:002017-10-30 23:45:08Updated Small Business Tax Reforms
It has certainly been a busy week in terms of announcements regarding financial policies for small businesses. Following the series of proposed tax reforms that the government announced back in July, various tweaks and changes have subsequently been made, owing, perhaps in part, to confusion and frustration expressed among the small business community. We have provided a brief summary of the changes in this article and infographic.
http://mariettadomingo.com/wp-content/uploads/2017/10/preparingYourHeirsForWealth.jpeg 426 640 Marietta Domingo http://mariettadomingo.com/wp-content/uploads/2016/09/mariettaLogo235.png Marietta Domingo2017-10-01 22:01:452017-10-01 22:03:31Preparing your heirs for wealth
If you think your heirs are not quite old enough or prepared enough to discuss the wealth they will inherit on your death, you’re not alone. Unfortunately though, this way of thinking can leave your beneficiaries in a decision-making vacuum: an unnecessary predicament which can be avoided by facing your own mortality and making a plan.
http://mariettadomingo.com/wp-content/uploads/2017/09/2017_Proposed_Small_Business_Tax_Changes-Marietta-Domingo.png 792 612 Marietta Domingo http://mariettadomingo.com/wp-content/uploads/2016/09/mariettaLogo235.png Marietta Domingo2017-09-18 20:47:182017-09-19 20:56:32A Summary of Proposed Tax Changes in 2017
The month of July saw a set of proposed tax changes announced by the Federal Minister of Canada which are potentially the most impactful and significant amendments since the large-scale tax reform of 1972.