Tax Planning – When Procrastinating Can Actually be a Good Thing – Part Two

Part One of this article focuses on how you can often save money on your taxes by deferring when you trigger income taxes. Although you can maximize your savings if you can arrange to trigger this day of reckoning until a time when you are in a lower tax bracket, you may still be ahead of the game even if you would still end up in the same tax bracket; although you may not save any taxes, you would still be ahead after taking any interest saved on loans or any investment income you receive during extra time you have the use of the money that will eventually be used to pay taxes.

Part Two explains steps you can take to give yourself this type of flexibility.

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Tax Planning – When Procrastinating Can Actually be a Good Thing – Part One

Happy New Year!  May 2013 be full of happiness, joy and opportunity.  Since Januaries are traditionally about making and following through on resolutions, I thought I would fly in the face of tradition and talk about a time when you might actually benefit by putting something off until the future – paying taxes.   Read more

Tax Planning – What to Do if You’re Not Keen on Reducing Expenses

Tax Planning – Share Income with Your Family, Not Ottawa – December 4, 2012

Many people seem to consider their tax situation for a few painful hours each year when completing their tax returns or passing off the paperwork to their accountants. Read more