The following list of tax planning strategies attempts to minimize tax, while supporting a family’s financial planning objectives such as retirement, funding a child’s education or maximizing disposable income.

Many of these strategies are not based upon claiming a deduction that is otherwise available; rather they are based upon achieving certain financial planning objectives in the most tax effective method possible. Our top ten tax planning strategies are:

• Maximizing the advantages of RRSPs
• Tax effective strategies to fund a child’s education
• Avoiding the attribution rules to maximize family investment income
• Planning for interest expense
• Investments that focus on after tax rates of return
• Claiming a deduction for a home office
• Minimizing a company car benefit
• Tax planning for children
• Maximize claim for charitable donations
• Entrepreneurship