Accounting, Bookkeeping, Income Tax Preparation, And Consulting Forum

How can I income split in Canada? Income splitting simply means subdividing your income amongst your family members in order to save taxes. It’s an easy concept to understand but is practically difficult to implement. As an Accountant Mississauga, I have provided easy-to-follow examples below, which you can use to achieve Income Splitting in Canada. Follow us on Twitter – https://twitter.com/Madan_CA Like us on Facebook – https://www.facebook.com/MadanCharteredAccountant Add us on Google Plus – https://plus.google.com/u/1/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 [More]

Get the latest tax tips from Cleo Hamel, a Senior Tax Analyst with H&R Block, discuss how to prepare your taxes for Canadian Seniors. Information on applying for old age security and income splitting CPP tax credits, age amount tax credit.2009 Tax Preparation Service Canada

www.pension-income-splitting.com More With the passing of the Canadian Federal Budget, we can expect to save thousands of dollars in taxes. Retirement income splitting allows you and your spouse (including common law) to lower your total taxes throughout retirement. This started in 2007, and any Canadian resident with eligible income can allocate up to 50% of that income to their spouse. There are different types of income eligible depending upon whether you are under or over age 65. The types of income can include employer pension income, lifetime income paid from Registered Retirement Income Fund (RRIF), Locked in Retirement Income Fund [More]

Here is an interesting video on YouTube .. * YouTube Description Get the latest tax tips from Cleo Hamel, a Senior Tax Analyst with H&R Block, discuss how to prepare your taxes for Canadian Seniors. Information on applying for old age security and income splitting CPP tax credits, age amount tax credit.2009 Tax Preparation Service Canada Source: http://www.youtube.com/v/QkVf7EBpKeM?f=videos&app=youtube_gdata