Are you looking to optimize your family's tax planning strategies? Understanding the Tax on Split Income (TOSI) and how trusts can be used effectively is crucial for family-owned businesses in Canada. The Tax on Split Income (TOSI) rules were implemented…
Family-owned enterprises in Canada are at an exhilarating crossroads, where the pursuit of extraordinary growth converges with the vital goal of safeguarding your family's legacy. This blog explores how Shajani CPA's comprehensive advisory services can seamlessly integrate these ambitions, ensuring…
I’m Unlock the secret to securing your family's financial future with Shajani CPA’s unparalleled expertise. Imagine a legacy so well-preserved that it thrives for generations. At Shajani CPA, we are dedicated to serving families with family-owned enterprises across Canada, providing…
Family-owned enterprises form the backbone of the Canadian economy, offering unique opportunities and challenges. When two families are involved in ownership, safeguarding the business against unforeseen circumstances becomes paramount. Two critical tools in this regard are Key Man Insurance and…
Estate planning for family-owned enterprises is not just about wealth transfer; it's about securing your family's future and legacy. Estate planning is a critical component for families with family-owned enterprises. It involves more than just distributing assets; it ensures that…
In the world of Canadian family businesses, planning for the future is not just a strategy; it's a necessity. Among the most effective ways to prepare for a smooth and tax-efficient transfer of business ownership is through an estate freeze.…
In the intricate world of tax planning, understanding the nuances of capital gains exemptions is not just beneficial—it's essential. For family-owned enterprises, the Lifetime Capital Gains Exemption (LCGE) stands out as a particularly valuable tool. This exemption can significantly reduce…