Introduction Retirement and estate planning are vital components of financial security, ensuring that you enjoy your golden years comfortably and leave a lasting legacy for your loved ones. At Shajani CPA, a top 10 tax advisory firm in Canada, we…
For high-net-worth families, retirement planning transcends the mere notion of saving—it's a meticulous art that balances enjoying a well-deserved lifestyle while safeguarding the wealth you intend to pass on. As a Chartered Professional Accountant, Master in Tax Law, MBA holder,…
In the landscape of retirement planning, high-net-worth families in Canada have the unique opportunity to align their wealth with their values through strategic philanthropy. This approach extends beyond simple generosity; it is a sophisticated method that leverages tax planning to…
Introduction Retirement planning for high-net-worth individuals presents a tapestry of opportunities interwoven with intricate tax considerations. In Canada, where the landscape of wealth management is as diverse as its scenery, the approach to retirement goes beyond merely saving—it's an artful…
For many Canadians, employer pension plans are a cornerstone of retirement planning. However, the complexities of how these plans work, especially in comparison to Registered Retirement Savings Plans (RRSPs) and their tax implications, can be perplexing. In this blog, we'll…
As a Chartered Professional Accountant and Trust Estate Practitioner in Canada, I've encountered numerous clients who are eager to secure their financial future but are unsure about how to navigate the complex landscape of retirement savings and taxes. The key…
As a Chartered Professional Accountant with a Trust and Estate Practitioner (TEP) designation, an LL.M in Tax Law, and an LL.B, my expertise extends beyond traditional financial advising. At Shajani CPA, we recognize the critical importance of comprehensive life planning,…
The Statement of Retained Earnings is a crucial component of a company’s financial statements, often overshadowed by its more prominent counterparts, the Balance Sheet and the Income Statement. As experienced Chartered Professional Accountants (CPAs), I understand the significance of this…
Transitioning into retirement requires not just emotional readiness but also a well-thought-out income plan, informed by a deep understanding of taxation in this phase of life. As a tax professional with expertise in trust and estate planning, I emphasize the…
The evolving tax environment, particularly post the 2018 federal budget, necessitates strategic adjustments in retirement savings for small business owners. As a tax professional with a Trust and Estate Practitioner (TEP) designation, I emphasize the importance of adapting to these…