Category: Tax Planning

Tax season 2019

Tax Planning

Tax season is upon us!  By now most of us are starting to receive our T4’s, T5’s, etc… in the mail. Farm and business managers have wrapped up entering data into their ledgers or brought in the last quarter for compilation by their bookkeepers. There is only 7 weeks...

Continue Reading

Succession Planning

Tax Planning

What is a succession plan? I hear and see advertisements from different advisors you say to yourself.   A succession plan consists of a path or strategy to transfer a farm or business from one generation to another while considering management, financial, and personal goals while dealing with tax...

Continue Reading

Federal Tax Changes & Ag Update

Tax Planning

Federal Tax Changes – Update Now that the initial commentary period is over and the government received a spirited response from farmers, ranchers, doctors, lawyers, accountants, and small business they have changed their turn in regards to corporate tax changes. They have backed off on most of the proposed...

Continue Reading

Proposed Federal Tax Changes

Tax Planning

  We’re sure that everybody has heard some discussion in the media regarding the tax changes the Federal Liberal Government is proposing. At this point we along with other tax advisors are suggesting that taxpayers take a “wait and hold” positon until we know definitively what is legislated.  It...

Continue Reading

Year-end tax and RRSP estimates

Tax Planning

Each tax season one of us here at Endeavor has a discussion in April with a client that goes as follows:   “You have got to be kidding! I owe that much tax! Is there anything I can do to get that down?”   Unfortunately, there is nothing the...

Continue Reading