Timing is everything, and when it comes to withdrawing your Canadian Pension Plan (CPP) and Old Age Security (OAS) payments, making an informed decision becomes crucial for maximizing your retirement income and ensuring financial stability in your golden years.
As we hurtle towards the familiar holiday hullabaloo and year-end tax planning, looming changes to the AMT means that, come January 1st, you may no longer receive full deductions and tax credits for your charitable contributions. But perhaps there is yet another way...
The gala event, hosted annually by the Calgary Chamber of Commerce, witnessed the Calgary business community coming together in droves to celebrate exceptional pioneers from every quadrant of our city.
Do you make large donations of cash or qualifying securities as part of a tax strategy? If so, 2023 could be the last year you receive full deductions and tax credits for these charitable contributions.
On November 15th, 2020, fifteen Asia-Pacific nations signed arguably the largest free trade agreement in history, significantly reshaping traditional economic power dynamics.
We have two major announcements involving registered accounts here at SANDSTONE. First Home Savings Accounts will be coming later this Fall and details on the RESP Changes and Tax-Efficient Drawdowns to follow.