In the realm of tax planning, the line between strategic financial structuring and abusive tax avoidance can sometimes blur. The landmark case of Lipson v. Canada, adjudicated in 2009, serves as a pivotal guidepost for families and their advisors in…
In the chess game of financial prosperity, making a major move without consulting your strategist can be the difference between checkmate and stalemate. For high-net-worth families and owners of family enterprises, these moves often involve significant financial decisions that can…
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,…
For high-net-worth families at the helm of family-owned enterprises, retirement planning is a multifaceted challenge that demands a blend of strategic foresight, legal acumen, and financial expertise. The goal is twofold: ensuring a comfortable retirement for the current generation and…
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 to Trust Taxation As trustees, you wield significant responsibility, overseeing the financial health of a trust and ensuring compliance with Canadian tax law. Navigating the taxation landscape requires a nuanced understanding of trust taxation, and the guidance of seasoned…
In the realm of estate management, the executor's role transcends mere administrative tasks; it is about upholding a family’s financial legacy through prudent tax planning and foresight. At Shajani, we specialize in steering high-net-worth families and their family-owned enterprises through…
As entrepreneurs of family-owned enterprises in Canada, it is imperative to stay abreast of evolving tax regulations to optimize your financial strategies and maintain compliance. The introduction of the Canadian Dental Care Plan marks a significant shift in tax reporting…
As we step into 2024, businesses across industries are faced with the challenge of charting a course through an increasingly complex and dynamic landscape. The beginning of the year is the perfect time for strategic planning, and at Shajani CPA,…
As a Chartered Professional Accountant in Canada, I've worked with numerous businesses across various sectors. One common thread in all successful businesses is the reliance on and understanding of their financial statements. These statements are not just numbers on paper;…